Political Quotes

“Mr. Chairman, I yield myself such time as I may consume. Regulatory reform plays a critical role in ensuring that our Nation finally achieves a full economic recovery and retains its competitive edge in the global marketplace. Congress must advance progrowth policies that create jobs and restore economic prosperity for families and businesses across the Nation, and it must make sure that the administration and its regulatory apparatus are held accountable to the American people. America's small-business owners are suffering under mountains of endlessly growing, bureaucratic red tape; and the uncertainty about the cost of upcoming regulations discourages employers from hiring new employees and expanding their businesses. Excessive regulation means higher prices, lower wages, fewer jobs, less economic growth, and a less competitive America. Today, Americans face a burden of over $3 trillion from Federal taxation and regulation. In fact, our Federal regulatory burden is larger than the 2014 gross domestic product of all but the top nine countries in the world. That burden adds up to $15,000 per American household, nearly 30 percent of the average household income in 2014. {time} 1415 Everyone knows it has been this way for far too long. But the Obama administration, instead of fixing the problem, knows only one response: increase taxes, increase spending, and increase regulation.…”