So we need to do everything we can to grow the economy. I think it's relatively simple what we should do. We've got to reduce the regulatory burden, which is, you know, The cost to comply with regulations [is] about $1.8 trillion, a figure that's larger than all but eight economies in the world. We need pro growth tax reform and we actually ought to utilize our God given energy resources. (36:18–36:24)
CLAIM
Asserts that regulatory compliance costs $1.8 trillion, larger than all but eight global economies.
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