Jim Jordan actually said...

"The Obama administration itself has said there's going to be increased costs with this new rule."

"I would still argue that there's--you know, the idea that we're going to have more jobs, I mean, just basic economics says..."

"A billion dollars in increased costs at a time when we got 9 percent unemployment, correct?"

"So I think everybody needs to be cognizant of okay, let's not focus on the short term, let's keep our focus on long-term savings."