thank you. >> i am peter roskam.e the honor of representing the people of illinois six congressional districts. i am frustrated with america's jobs crisis. more than 650,000 people are out of court in illinois, president obama as home state. business owners are fighting every day to create and innovate, but continued to face government barriers. and unsustainable debt, constant threat of higher taxes, and excessive regulation. today, i would like to talk to you about excessive federal regulations. how they hurt jobs and we can do about it. appropriate and responsible regulation help protect our health and safety things have changed quickly and for the worse. washington has become a red tape factory with more than 4000 rules and the pipeline, hundreds of which would cost our economy more than $100 million each annually. just want it will has chicago, a manufacturer and might district, fighting to survive in an already tough economy. already facing a stream of regulations. they will soon face a new regulations from une