[Congressional Record Volume 142, Number 28 (Tuesday, March 5, 1996)]
[House]
[Page H1669]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       ENDING THE CLINTON CRUNCH

  (Mr. METCALF asked and was given permission to address the House for 
1 minute.)
  Mr. METCALF. Mr. Speaker, Americans are feeling the pinch of the 
Clinton crunch. Their taxes go up, but their real wages decline, and 
not only are families feeling the pinch, but small businesses are being 
ground down by overtaxation and overregulation. This is sad because, if 
you look at the record, small businesses account for more than 70 
percent of the jobs in America.
  According to a recent survey, nearly half the small businesses 
surveyed said that overregulation had a substantial adverse effect on 
profit making. Small businesses today are faced with a barrage of 
Federal regulations and a sea of redtape. Sometimes these rules are 
contradictory or they are just too complex to understand.
  Mr. Speaker, American small business people deserve a break from 
senseless overregulation. Today Congress should apply the brakes to 
overregulation and take a huge step toward ending the Clinton crunch.

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