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Ron Johnson: “There is $1.75 trillion in regulatory costs from 2008.”

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

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Senator Johnson on Squawk Box

Published | Video Starts at 03:57

Yeah, that's real fear in combination with the incredible regulatory burden that we're placing on job creators as well. I mean, we have. George Will just wrote the column, and I've been talking about the There is $1.75 trillion in regulatory costs from 2008. Since that figure, we've passed 11,000 new rules and regulations. I mean, we are burdening job creators unbelievably with regulations. So you combine all of those things, that's what's causing the problem. (03:57–04:04)

CLAIM

Asserts that regulatory costs amounted to $1.75 trillion in 2008.

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