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Eric Hovde: “Regulations are estimated to cost the American economy about…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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Eric Hovde WisconsinEye interview

Published | Video Starts at 08:32

And that was very stimulative because the economy was choking on massive amounts of regulation. Well, today we have more regulations in place today than we did back when President Reagan did deregulation. In fact, Regulations are estimated to cost the American economy about $3 trillion a year. I want to ask you about childcare. It's become increasingly expensive to raise a family, to raise children. What proposals do you support that would make it more affordable to have a child and, or to pay for childcare? (08:32–08:38)

CLAIM

Asserts that regulations cost the American economy approximately $3 trillion annually.

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