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Public Statements

Regulations

Floor Speech

By:
Date:
Location: Washington, DC

Mr. PITTS. Mr. Speaker, throughout this year, House Republicans have been fighting for job creation, working to prevent the Federal Government from damaging our economy and job growth.

The present administration has tried to downplay the effect new regulations will have on companies struggling in the weak economy. Today's Wall Street Journal documents efforts of the White House Office on Information and Regulatory Affairs to muddy the waters about regulations.

The official Obama administration compilation of regulations ignores significant institutions such as the National Labor Relations Board and the Securities and Exchange Commission, yet the number of economically significant rules at all stages has risen to 149, a historic high.

Vast sections of industry are waiting to hear how the Federal Government will change the way they have to do business. How on earth can we expect them to hire new workers when they can't plan with this regulatory uncertainty?

The administration can try to manipulate the numbers, but there can be no doubt that the Federal regulatory juggernaut is holding back job growth.


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