According to the Office of Management and Budget, the net benefits of regulations exceeded $91 billion.

These regulatory costs are quite significant.

The majority's claim that regulations inhibit job creation is not appropriate and correct.

The House will do its part, and for the sake of our economic future, I call on the Senate and the Obama Administration to do theirs.

The overreach of Obama Administration regulations is one of the chief reasons the economy has failed adequately to recover and produce new jobs throughout the Obama Administration.

I am committed to restoring accountability and providing relief from excessive regulation to our nation's small businesses and job creators who need it most.

It's time we legislate based on facts, not rhetoric.

What happens to FedEx--used to be what happens to General Motors is what happens to America. Well, now it is what happens to FedEx.

Because what happens to FedEx--used to be what happens to General Motors is what happens to America. Well, now it is what happens to FedEx.

I look forward to what I hope and know will be a productive working relationship in the 113th Congress.

It is not just Memphis. It was St. Louis with TWA, it was Cincinnati, it has been Pittsburgh, lots of hub cities who put a lot of investment in their airports, suffered because of mergers.

I understand why labor supports this proposed merger. Employees of both carriers are poised to get a better deal than they would otherwise.