Political Quotes

“Today I rise in support of my amendment which would simply require Congress to approve by vote any regulation with an economic impact over $1 billion rather than $100 million as the current underlying bill is written. Congress does have a responsibility to ensure that Federal dollars are spent appropriately with congressional intent and oversight in mind. Yet all of us in this Chamber know just how challenging it can be to come to a consensus despite all of our best efforts, let alone to find the time and the space on the calendar to do so. Requiring a vote in both the House and the Senate on any regulation with a price tag of $100 million will put in jeopardy consumer protection, healthcare access, and environmental safety. We simply cannot afford in good faith to have this threshold this low. The American people cannot afford for the implementation of these items to be stalled. The rulemaking process is designed to implement laws that have already passed Congress. However, the laws that we write and the dollars we spend do, of course, have tangible impacts, which is why my amendment would ensure that only the rules that are over $1 billion would see a vote. As a point of reference, during the Trump administration only 26 out of 1,327 rules had a price tag of over $1 billion. Again, less than 2 percent of the Trump administration's 1,300 rules would, therefore, require a vote under the new threshold.…”