Washington, DC – Today, U.S. Senator Kay Bailey Hutchison (R-TX) discussed her effort to prevent the Obama administration from imposing costly regulations on the internet. Below is a transcript of her remarks:
“When we hear the President talking about how we’re going to cut back on over-regulation of businesses, we all agree that cutting back on regulation of business would help us spur the economy. Business needs to be able to hire new people, and their constraints on that is that they keep looking at more regulations, more taxes, and, of course, more health care costs. So, we have introduced, with 42 cosponsors, a resolution of disapproval of yet another Obama-led commission to add a new regulation on the Internet. The Internet and technology have produced more jobs in this country than just about any other sector. It has been the cradle of innovation, it does not have a problem, and it does not need fixing. More regulation of the Internet is going to stop the investments, it’s going to stop the creativity — and put our businesses and our providers at a competitive disadvantage with Europeans and others that have kept their Internet free of over-regulation. So, we have a chance tomorrow, with a 51 vote requirement – actually, it will probably be Thursday when we have the actual vote — to cut back on the over-regulation that this administration has put forward, and do something that really can help spur jobs in this country.”