On the recordJanuary 7, 2016
I welcome the gentleman's belief that new regulations can actually create benefits. I also share the gentleman's interest in ensuring that the public ultimately knows what those benefits are. The bill, however, does nothing to restrict or prevent the publication of information about the benefits of new rules. It is intended to address what has been lacking in administration publications about new rules: accurate, real-time information about the true nature, timing, and cost of new rules. That information is essential to those who must bear the burden of the rules so that they can plan, hire, and budget consistent with impending new legal requirements. Furthermore, the gentleman's amendment would needlessly expose new regulations to the bill's enforcement provisions, delaying promulgation of beneficial rules simply because pre-promulgation statements and expected benefits were lacking. Mr. Chairman, I constantly spend time in my district in factories because I came from manufacturing, talking to small-business people, and the number one issue concerning their livelihoods and others is overregulation crushing jobs for middle class Americans. As a result, I urge my colleagues to oppose the amendment. I yield back the balance of my time. The Acting CHAIR. The question is on the amendment offered by the gentleman from Massachusetts (Mr. Lynch). The question was taken; and the Acting Chair announced that the noes appeared to have it.
