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Ron Johnson: “Regulatory compliance costs are $1.75 trillion per year.”

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

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Senator Johnson on CNBC's Kudlow Report

Published | Video Starts at 04:44

Make sure that we don't have a regulatory environment that just crushes them. Larry, our regulatory, Regulatory compliance costs are $1.75 trillion per year. That's a number that's larger than all but eight economies of the world. That's what we burden our job creators with. That's what we're burning our middle, middle class. (04:44–04:50)

CLAIM

Asserts that regulatory compliance costs amount to $1.75 trillion annually.

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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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