Political Quotes

“On multiple occasions before, I have discussed the overwhelming burden of the regulatory state on American workers and employers. For the past year, it has been my primary objective, as chairman of the Subcommittee on Regulatory Reform, Commercial and Antitrust Law, to bring to light these burdens and their true costs on the lives of all Americans. The burden of Federal regulations already amounts to 21 percent of the average company's payroll. How can employers plan for the future when the specter of new regulations, meaning additional costs, hangs over their planning? The regulatory process itself and some current government practices make this more difficult. These bills are critical as we work to improve the regulatory process and to prevent misguided and damaging regulatory overreach. These pieces of legislation grant clarity and transparency to the regulatory process. I spent the first part of my life working my way up the chain in manufacturing. I worked in a factory. When I became a manager, I saw the complex considerations that went into hiring, expansion, and whether we could keep the lights on. We did not have a crystal ball to help us there. We had to look at our revenues and at our costs and make assumptions for the future. And, yes, current and future regulations played a role there, too. That was over 30 years ago.…”