Boehner Endorses Moratorium On Federal Regulation

By Rob Sanna-Talk Radio News

House Minority Leader John Boehner told reporters Friday that he would support a year-long moratorium on federal regulations, this coming just one day after the Senate passed a financial reform bill aimed at pulling the country out of its current economic slump.

“Having a moratorium on new federal regulations is a great idea,” Boehner said.

The top Republican said the moratorium would relieve businesses of the fear of new federal mandates, providing incentive for them to hire new employees.

“It sends a wonderful signal to the private sector,” Boehner said. “If the American people knew that there was going to be a moratorium for a year, that the federal government wasn’t going to issue thousands of more regulations, it would give them some breathing room.”