Mike Rounds: “I thank the Senator for the question. The answer is, yes, we have spent a lot of time not only because it is critically…”

“I thank the Senator for the question. The answer is, yes, we have spent a lot of time not only because it is critically a very important item to address--because in the United States today we spend over $1.9 trillion a year responding to the Federal regulatory morass that we have. That is one-half of a trillion dollars more than what we pay in personal income taxes on April 15. For people who are producers and have to respond not only in terms of the cost of the regulations but in terms of requesting from a Federal agency the ability simply to mow the ditches, seems to me to be overreach that most people with common sense and the rest of America simply don't think is necessary.”