[Congressional Record Volume 140, Number 91 (Thursday, July 14, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: July 14, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
           INTRODUCING COST OF GOVERNMENT DAY 1994 RESOLUTION

  (Mr. DeLAY asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. DeLAY. Mr. Speaker, while July 4th was Independence Day--the day 
we celebrated our liberation from Great Britain--it was not until July 
10 that Americans were liberated from their own Government. July 10th 
marked the second annual Cost of Government Day, the day when Americans 
earned enough income to pay off their share of the combined costs of 
taxes, Government spending, and regulation.
  According to Americans for Tax Reform, Federal regulatory costs are 
estimated--conservatively--at $600 billion annually. This translates 
into $2,500 for every man, woman, and child in America. Much of this 
cost is so hidden that it does not show up on any sales or paycheck 
receipts.
  Our economy cannot bear the burden indefinitely. However, President 
Clinton wants to impose a health care reform plan on us that would push 
Cost of Government Day back 31 days--the single greatest jump in the 
cost of Government in our Nation's history.
  As chairman of COGD, today I am introducing a resolution establishing 
July 10, 1994, as ``Cost of Government Day.'' Additionally, at 11 a.m. 
today I will hold a press conference to discuss Cost of Government Day, 
and in particular the burden of regulation on the restaurant industry. 
I invite my colleagues to join me.
  The Government is much too big and much too burdensome. If Americans 
are to succeed in todays highly competitive economy, we must break the 
chokehold of regulations around the neck of every budding entrepreneur 
and let them breathe--and therefore compete--freely.

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