[Congressional Record Volume 141, Number 38 (Wednesday, March 1, 1995)]
[Extensions of Remarks]
[Page E470]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


                         REAL REGULATORY RELIEF

                                 ______


                            HON. RON PACKARD

                             of california

                    in the house of representatives

                        Wednesday, March 1, 1995
  Mr. PACKARD. Mr. Speaker, Republicans continue to move forward with 
an agenda that strives for less spending, less regulation, and less 
taxes. We must work to roll back costly and burdensome Federal 
regulations that suffocate American taxpayers and small businesses. Our 
Republican Contract With America favors a common sense approach to our 
regulatory system.
  Big Government one-size-fits-all regulations hit at the very heart of 
our economy impeding growth and job opportunity. Regulations act as 
hidden taxes on employment. Employers wasting time and money complying 
with excessive regulation cannot hire new employees or invest in 
machinery and equipment to make workers more productive. Instead, 
burdensome regulations create jobs for lawyers and destroy jobs for 
manufacturers.
  Regulations cost the economy an estimated $600 billion in 1994. That 
amounts to a $6,000 tab for every household in the country. Frankly Mr. 
Speaker, Americans just do not think they are getting their money's 
worth.
  The Regulatory Reform and Relief Act, H.R. 926, introduces 
rationality to an out of control regulatory system. Republicans have 
designed a regulatory system that makes sense and requires regulatory 
agencies to estimate the cost to businesses of regulatory compliance.
  Mr. Speaker, it is time to add a level of accountability to the 
regulatory system. The Regulatory Reform and Relief Act will ensure 
that bureaucrats consider the burdens they impose on American taxpayers 
and workers, and ultimately the economy. Once bureaucrats are forced to 
open their eyes to the real world we live in, the regulations they 
impose will make sense and cost less.


                          ____________________