Yes, it will be dramatic. We have not begun to touch all of the regulations that have to be written on this yet. We looked at the Medicare bill and how many pages of regulations came out of that, and it was 100 per page, which would be 270,000 pages on this one. That is where that number came from. Mr. McCAIN. So here we are with an economy that the administration, the President, and his crack economic team said that if you pass this stimulus bill, maximum unemployment will be 8 percent. What is the problem with investment and hiring and economic growth in America today? The total uncertainty. We have just punted on the extension of the tax cuts or an Obama tax increase. We have just punted on a number of issues, and the American people now are going to have to--this small businessperson the NFIB represents is going to have to thumb through 121 pages of new regulations in order to understand. Big businesses and small businesses are going to say: What are the next 121 pages of regulations that are coming down for 2 pages of the bill? I guess the title page probably would not have regulations associated with it, but the other 2,732 would.
Share & report
More from Mike Enzi
Madam President, I rise today to discuss our Federal finances and the need to address our unsustainable fiscal debt and deficit. The Federal budget has already been on an unsustainable path before COVID-19 reached our shores and before the…
Mr. President, I thought I would deliver a little good news. It is a little hard to get good news these days, but I ran across some. I want to tell you about a man named Dr. John David Arnold, who, many years ago, started out teaching…
Mr. President, I rise to submit to the Senate the budget scorekeeping report for June 2020. This is my first scorekeeping report since I filed the deemed budget resolution for fiscal year 2021 on May 4, 2020, as required by the Bipartisan…
Mr. President, section 251 of the Balanced Budget and Emergency Deficit Control Act of 1985, BBEDCA, establishes statutory limits on discretionary spending and allows for various adjustments to those limits. In addition, sections 302 and…





