Political Quotes

“Mr. Chair, I yield myself such time as I may consume. The facts are plain, the conclusion is clear: the rampant tide of unchecked, unbalanced Federal regulation is overwhelming job creators and households all across this Nation. Thanks to Washington's endless excess of regulations, hardworking Americans face higher prices, lower wages, fewer jobs, and fewer new business starts; and America as a whole is less competitive, less innovative, and less prosperous. Federal regulations now impose an estimated burden of an amazing $1.89 trillion per year. That burden is burying America's job creators and suffocating job opportunities. It equals roughly $15,000 per U.S. household, over 10 percent of America's GDP, and more than the GDP of all but eight countries in the world. The Obama administration set new records for numbers and effects of major regulations, over 600 in total, with an average of 81 per year. That is roughly one every 3 working days. Through just August 2016, these rules had economic effects of over $740 billion and imposed 194 million paperwork burden-hours; and this only built upon the insufficiently checked regulation already imposed by previous administrations. This problem must be solved, and this bill is the number one solution to this problem.…”