Statements about Regulation

In the early 1960s, all levels of government were "consuming about 27 percent of the U.S. economy," a number that has risen to 37 percent today. With that trendline, "we cease at some point to be a free economy."

"We're inches away from no longer having a free economy."

"There are 30,000 people that have been killed with seat belts."

"The Federal Register - which houses all Washington regulations - is 34,000 pages in length and weighs in at more than 340 pounds."

"What I have done -- and this is unprecedented ... is I've said to each agency ... 'look at regulations that are already on the books and if they don't make sense, let's get rid of them.'"  

The budget for the Consumer Financial Protection Bureau "is only about 1 percent of the amount banks generate just from late fees and overdraft fees."

"We're going to be looking at $8 billion a day that we're going to be pouring into foreign countries in order to import that make-up fuel that we're going to need to take the place of what we could have gotten out of the gulf."

We are looking at "150,000 barrels (of oil) per day less next year, and 200,000 barrels per day less being able to be developed from the gulf the year after" because of the moratorium on new drilling enacted by the Obama administration.

"We are only inches away from ceasing to be a free market economy."

"Less than two years ago, we made a commitment to repay the U.S. . . .taxpayers in full, and today we made good on that promise."

Compact fluorescent light bulbs are "toxic" and "not environmentally friendly."

"The new light bulbs will cost roughly six times the cost of the light bulbs we now use."

Next year, "you will be mandated by federal law to get rid of your existing light bulbs."

"The Democrats have already voted to ban our conventional light bulbs ... in favor of dangerous fluorescent light bulbs."

Says the Texas Board of Nursing has a backlog of "3,000 complaints against nurses, many of them sexual assaults, malfeasance."

"[Appalachian Power] wants another 10 percent rate increase. The compensation package for CEO Mike Morris rose 22 percent to $8.7 million in 2010."

A cap-and-trade bill would "destroy over 50,000 jobs in Virginia."

"The only segment in the beer market that is growing is the craft beer segment."

"Oil production from federal waters in the Gulf of Mexico reached an all-time high" in 2010.

A bill that would halt the EPA from regulating greenhouse gases would help "stop rising gas prices."

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