[Congressional Record Volume 141, Number 35 (Friday, February 24, 1995)]
[Extensions of Remarks]
[Pages E419-E420]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                    ROLLING BACK THE REGULATORY TIDE

                                 ______


                            HON. RON PACKARD

                             of california

                    in the house of representatives

                       Thursday, February 23, 1995
  Mr. PACKARD. Mr. Speaker, yesterday marked day 50 of our Republican 
Contract With America. Today we continue to move forward to carry out 
our mandate with the people. We promise to work to make Government 
smaller, less costly, and less intrusive. The 
[[Page E420]] people are fed up. They want big government out of their 
lives.
  Extensive bureaucratic redtape suffocates American businesses and 
individuals. The Regulatory Transition Act, H.R. 450, represents a 
crucial first step in lifting the regulatory burden. This moratorium 
will stop the flood of new Federal regulations while we work to ensure 
that future regulations will benefit the American people, not smother 
them.
  The American taxpayers, small business owners, property owners, and 
local governments have waited too long for Congress to take commonsense 
action. We must work now to lift the burden of excessive and costly 
Government regulation.
  The Republican regulatory reform provisions of the Contract With 
America promote economic growth, roll back the regulatory tide, restore 
the rights of property owners, and make Government bureaucrats 
accountable for the economic load they force upon American taxpayers. 
Out of control Federal regulation impose hidden taxes on American 
families. The Heritage Foundation estimates that Federal regulations 
cost each American household $5,000 per year.
  A temporary moratorium on new Federal regulations and real regulatory 
reform will help get Government off the backs of the people and their 
businesses. Mr. Speaker, restoring common sense to the regulatory 
process will enable employers to invest in their workers and the future 
of America, not Government bank accounts.


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