Political Quotes

David Cay Johnston: “About 5 million. When they affect small business, they are likely to be a major rule. But we have that provided for in…”

On the recordJuly 11, 1995
About 5 million. When they affect small business, they are likely to be a major rule. But we have that provided for in the Coverdell amendment of yesterday with the reg-flex, and I believe that solves that problem. What we do not want to do is get agency overload here so that those rules which are burdensome to small businesses would not then be able to get--you would not have time to get your petition done because the agency would be so overloaded with other rules. I suggest to my friend that going to $100 million is not going to be difficult for small business because you have already protected them under the Coverdell amendment, and they are likely to be $100 million rules if they have broad application to small business, in any event.
Said by
David Cay Johnston
West Virginia

Editor's note · Context

Discussing the impact of regulatory rules on small businesses during a floor debate.

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