Regulatory Costs Quotes

Roy Hill had to achieve more than 4,000 approvals, permits, and licences and more again for construction. The delays and costs of this were not only humungous and waste of human resources but did nothing to assist productivity.

In my view, it is unreasonable for EPA to exclude considerations of costs in determining whether it is 'appropriate' to impose significant new regulations on electric utilities.

A lot of people think that regulations bring higher costs, but regulation is also about making sure that someone doesn't get to beat out the competition because they're dumping filth in the river or spewing poisons in the air.

There is no such thing as free regulation.

Excessive regulation is costing America as much as $2 trillion a year. And I will end it very, very quickly.

And, in the past, it has been all too easy for legislators to load costs onto business in order to meet broader social goals. And costs for business means costs for consumers.

We cannot afford the EPA's continued expansion of red tape that is slowing economic growth and threatening to entangle millions of small businesses.

The higher cost of getting a generic drug approved by regulators means that many old medicines don't face competitors. It's only after substantial price hikes that these drugs offer enough revenue to offset the rising generic entry costs, and start to entice competition.

The federal government has gone too far on many nonessential regulations that are harming small businesses. Employers are rightly concerned about the costs of these regulations - so they stop hiring, stop spending, and start saving for a bill from the federal government.

Politicians also have a love affair with the 'small business exemption.' Too much paperwork? Too heavy a burden? Not enough time? Just exempt small businesses from the rule. It sounds so pro-growth. Instead it's an admission that the costs of a regulation just can't be justified.

As the son of a small business owner, I know how regulatory overreach can stifle our economy and cost Americans jobs.

Often you see big companies, big banks who are eager to embrace crushing regulatory burdens because they drive up everyone's costs.

The expenses of complying with Washington's torrent of mandates and regulatory overreach are costing American workers jobs and income growth.

Many of the smaller banks have had to get to the point where they now have more compliance people than they have lending offices. That's crazy.

Imposing excessive new regulations, or closing coal-fired power plants, would produce few health or environmental benefits. But it would exact huge costs on society - and bring factories, offices and economies to a screeching halt in states that are 80-98% dependent on coal: Indiana, Kentucky, Missouri, North Dakota, Ohio, Utah, West Virginia and Wyoming.

Here in the UK the government has decided to accept the recommendations of the Better Regulation Task Force to measure and make targeted reductions in the administrative costs - the red tape costs - that regulations impose on business.

The regulatory approach of the Food and Drug Administration and the Patent and Trademark Office has driven up the costs of generic drugs.

Every time you have a new tax, or every time you have to pay really an inordinate amount for a regulation, it's really stifling this country and really stifling American business.

Congress can protect small businesses by providing effective oversight over SBA policies and make sure they take into account the needs of small businesses while also protecting taxpayer dollars. Congress also needs to make sure that new banking regulations do not make it more costly for community banks to lend to small businesses.