Political Quotes

“Mr. President, I am here to talk about the legislation that is before us--that has been before the Senate today and likely to be before the Senate tomorrow--on economic development but specifically to talk about the interest of promoting economic development and job creation. A couple of amendments I plan to offer will help give American employers some relief from regulatory mandates that are stifling economic growth and job creation. I hear all the time in Ohio--I am sure my colleagues hear it in their States--employers saying: We would like to expand and begin hiring again, but one of the concerns is that there is regulation that affects us. Almost every business I meet in Ohio--and I was in Ohio last week meeting with businesses in the area of energy, both companies that produce energy and companies that use a lot of energy, including chemical companies and steel companies in Ohio--have stories about some of the regulatory burdens that are making it more difficult to get jobs back and to get our economy back on track. By all accounts, the regulatory burden on employers is growing. A recent study commissioned by the Small Business Administration estimates that the annual toll, now, of Federal regulations on the American economy has reached $1.75 trillion. By the way, $1.75 trillion is more than the IRS collects in Federal income taxes.…”