Political Quotes

On the recordApril 27, 2017
I rise today to talk about legislation to give our economy a shot in the arm and to help raise wages for Americans all across our country. When I am back home, whether it is at a small auto body shop or whether it is at a big steel plant or whether it is at a soybean farm, I hear the same thing, which is people coming up to me and saying: Hey, Rob, with all of these regulations coming from Washington, I would love to hire more people, but I am spending too much time and money trying to keep up with these regulations. I think that is true with every Member here, whether you are a Democrat or a Republican, when you are back home talking to people. They get frustrated. Sometimes it is local and State regulations as well, but a lot of them are coming from the Federal Government. One example would be the Whitacre Greer Company, which makes bricks. It is a small family-owned business in Alliance, OH, just outside of Youngstown. They told me recently that complying with just one regulation is now costing this small company almost a million bucks a year that they don't have. They have had to go out and borrow the money, and that has been difficult for them. The cost of just complying with this one new regulation is about 10 percent of their annual revenue. Otherwise, that roughly million bucks would have been invested, they say, in plant, equipment and people.…
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Rob Portman
Republican · Ohio

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