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Ron Johnson: “Our regulatory environment is onerous. There are numerous…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 32:07

So from my standpoint, that's an advantage and it directs your policy as well. Let's keep the energy prices low. On the weakness side side of the ledger, Our regulatory environment is onerous. There are numerous studies paying that about $2 trillion per year. I know they're disputed, but it gives you some sort of sense. And I always add, there's only nine economies in the world are larger than $2 trillion. (32:07–32:13)

CLAIM

Asserts that the regulatory environment costs about $2 trillion per year.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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