Political Quotes

On the recordNovember 9, 2011
Absolutely. Let me give an example of where we could come together on something simple, and again it is something the Senator from Arizona and the Senator from Kentucky have included in their legislation. Everybody knows the Federal regulators are putting more and more pressure on small businesses all around the country. We hear it every time we go home. I can't think of a time I have been home at a plant tour where somebody hasn't raised with me a Federal regulation that is causing them difficulty because it is increasing the cost of hiring somebody. At a time of over 9 percent unemployment, we have to do everything we can to get this economy moving, and one is to lessen that regulatory burden and make sure it is smart. So one of the pieces of the legislation we are promoting is to say to the Federal agencies: Go through a cost-benefit analysis, including looking at what the impact is going to be on jobs. Who could be against that? That needs to be done not just in the so-called executive branch agencies but also in the independent agencies which are not subject to these current cost-benefit rules. It is more cost-benefit rules looking at jobs but also making sure everybody has to comply with it. Then, when they come up with an idea for a regulation, make sure it is consistent with the policy of the elected representatives because too often we will see the regulators go off on their own and come up with ideas that they think might be good for the economy.…
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Rob Portman
Republican · Ohio

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