Political Quotes

“I believe that excessive government regulations are a significant barrier to private sector job growth and the creation of those jobs. House Republicans have made job creation a priority, and, as a result, we must work to ensure that the Federal Government reviews new regulations to ensure that their proposed benefit outweighs any potential economic harm. My amendment today is simple. It requires the SEC to include an assessment of anticipated jobs gained or lost as a result of implementation of any major rule and to specify whether those jobs will come from the public or private sector. Mr. Chairman, according to a study released by the Small Business Administration in 2010, Federal regulations cost small businesses $1.75 trillion every year to comply. That is money which could be used by American companies to hire new employees or to reinvest in their own business. H.R. 1062 ensures that the Federal Government does not unnecessarily burden American companies with cumbersome regulations by guaranteeing that those regulations are appropriate and necessary. My amendment adds to this review process by making sure that we have a more comprehensive understanding of the economic impacts a regulation creates.…”