a typo would put the moratorium in place until 6 percent employment.
Depending on what the bill actually says (Thanks, RollCall !), this could be a good thing. If it says "until the employment rate is less than six percent", then I say KEEP IT!
No more regulations until that happens (never, I hope).
In other words, 94% unemployment.
There would be no one around to write the new regs, the government would have ceased to exist.
(a) MORATORIUM.An agency may not take any significant regulatory action during the period beginning on the date of the enactment of this Act and ending on the date that the Secretary of Labor submits the report under subsection (b).
(b) DETERMINATION.The Secretary of Labor shall submit a report to the Director of the Office of Management and Budget when the Secretary determines that the Bureau of Labor Statistics average of monthly employment rates for any quarter beginning after the date of the enactment of this Act is equal to or less than 6.0 percent.