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Ron Johnson: “The $1.82 trillion regulatory burden... these are…”

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

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Chairman Johnson's remarks at HSGAC Hearing 2-25-15.

Published | Video Starts at 16:56

Mr. Holtz Eakin, having been former CBO director, you're talking about a regulatory budget. I mean, I love the concept. Again, a lot of people have criticized The $1.82 trillion regulatory burden... these are projections. How would you, how could you come to agreement? How could you calculate that? So at present, agencies self report the compliance costs, the burdens they will impose. (16:56–17:02)

CLAIM

Asserts that the regulatory burden is projected to be $1.82 trillion.

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