ms. collins: mr. mr. president,i ask unanimous consent i permitted to proceed for 15 minutes as if in morning business. the presiding officer: without objection. ms. collins: thank you, mr. president. mr. president, last month's dire economic news is a call to urgent action to get america working again. in august, our nation produced no net new jobs. productivity fell, home sales fell, construction spending fell, the manufacturing index declined, unemployment is stagnant at 9.1%, and consumer confidence is plummeting. businesses, our nation's job creators and the engine of any lasting economic growth, have been saying for some time that the lack of jobs is largely due to a climate of uncertainty, most notably the uncertainty and cost created by new federal regulations. mr. president, the regulatory time-out act, which i am introducing today, with 14 of my colleagues, provides job creators with a sensible breather from these burdensome new regulations. this would give businesses time to get back on the