U.S. Senate Majority Leader Mitch McConnell made the following comments today regarding the Obama Administration's latest regulation dubbed the "most expensive regulation in U.S. history":
"The Obama Administration's latest attack on the Middle Class, another massive regulation with negligible benefits that threatens to ship American jobs overseas, could throw thousands of Kentuckians out of work every year and impose hundreds of millions in costs on Kentucky employers. Nationwide, it could lead to massive job loss and cost tens of billions annually in lost economic growth. No wonder it's being called the costliest regulation in American history. No wonder we've seen even the Obama Administration's traditional union allies fret publicly about "the detrimental impact' these "extreme requirements' would have on American jobs and the American economy.
"The Obama Administration should focus on helping the communities across our country that still struggle to comply with current Washington mandates, not callously impose even more harsh costs on families and jobs. I will continue to fight back against this rule and others on behalf of the many Kentuckians who make our economy work."