On the recordNovember 17, 2016
Mr. Chairman, I yield myself such time as I may consume. This amendment encourages two of the worst features of Washington bureaucracy. First, it gives heel-dragging, inefficient agencies a powerful incentive to take even longer to finalize rules proposed long ago to the public. This will only extend the regulatory uncertainty that hovers over job creators whenever new rules are proposed. Regulatory uncertainty freezes investment and job creation, and that is exactly what we do not need Washington to do. Second, the amendment gives agencies the incentive to cram even more rules into the abusive midnight rule period. We should be discouraging the use of midnight rules not encouraging it. I urge my colleagues to oppose the amendment. I reserve the balance of my time.





