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No More Regulations?

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    Wisconsin Senator Ron Johnson on his push to stop more new regulations

  • Duration 4:13
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Everybody 60000 that's the number of new regulations the federal government has been businesses with.

Over the past fifteen years and according to the small businesses administration.

Those regulations cost businesses one point seven.

Five trillion dollars each year.

That was not -- by Wisconsin senator Ron Johnson He says we need to south separate new regulations and He joins us right here live senator.

That it would you say need to stop you even though the threshold.

In which they could start again perhaps and it's -- just over 7%.

Well good morning Brian after a check me out yet you mentioned the one point 75 trillion dollars we mention that -- a lot of people really need to stop and think about that.

That is a larger figure than all but eight economies in the world.

It's trouble percent of our GDP that's the cost that we -- on job creators every year and so might my -- regulation moratorium job preservation act.

Would stop all the issuance of all new rules and regulations until the unemployment rate drop below.

Seven point 8% which is where was from President Obama took office.

Now people say wait a second another Republican try to drop regulations so we have -- polluted society.

With with bad -- no ozone.

-- -- -- -- -- We do need to start rolled back some these harmful regulations but right now we're just saying stop them.

Let's put a moratorium on them so we can allow job creators businesses to expand.

And let our economy heal before we start the convicted new ones but really we do need to start rolling things back.

But nobody's talking about unfettered capitalism here we all want a clean environment here we do need some rules and regulations.

We just don't need as many as as we have today.

Senator have you heard that now that you put that out there.

Have you heard any positive response from anyone in the democratic side.

Right yes as matter of fact we -- trying to work with some other democratic senators trying to get their body and listen every member of congress when they go back to their districts and even -- -- businesses come talk them here in Washington.

They are inundated with story after story of businesses saying.

Get this this agency or -- agency off our backs it's destroying our business EP is one of the worst actors in this in this process.

Senate this week -- had a chance to vote on the jobs bill it did not pass did not have not only did not have a single Republican even -- Democrats and more would have voted against it.

If they didn't know that it was going to be stopped.

And the president has vilified you and your party.

To the point where you -- protest the would you Wisconsin office correct.

Yet they -- went to Milwaukee when they knew I was in Washington DC demanding a meeting with me.

Anyway we are certainly offered me with them but they just came there with a lawyer would they want to get arrested so I don't quite understand -- point.

-- but the president said you let your lawmaker know that you're not happy that you're not voting for the jobs bill do you do you hold the president responsible for some -- -- -- that's happening now.

-- those are certainly hold responsible the -- responsible for not getting our economy moving again.

-- no doubt about it He came into office with a tough economic situation.

But his policies have -- this country in 180 degree wrong direction the Obama care Lott Dodd-Frank all the rules and regulations.

Have created such a high level of uncertainty.

A lack of confidence that's what it's preventing job producers from having the confidence.

To expand their businesses and create jobs so we need to put the blame where we're really deserves to be laid and that's a presence feet.

But I did and -- my last question to -- you as a business person.

Have they -- -- anybody CAPTCHA to find out what is wrong with the economy and what you would do as a business person and not a Republican.

What's your after the horrors Wisconsin -- me to do is come here and try and fix this very broken system Brian.

The federal government was never designed to run a quarter of our economy and that's or ask you to do.

There's a reason this this government's dysfunctional it wasn't designed to to manage 45 -- economy.

We need to start rolling back the size government.

That's really the solution get government out of the way all right and that's would you do with deregulation when unemployment goes -- -- below seven point 8% who puts more regulations in there.

Senator Ron Johnson -- Wisconsin thanks so much.

-- -- I'm okay coming up.

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