In 2014, I was successful in getting the bipartisan Small Business Efficiency Act passed into law.
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You might not worry about me, but you had better worry about Chairman Hatch.
I just want to make sure that you continue to act with purpose and urgency as you address the implications of the data breach and work to ensure that something similar to this never happens again.
We opened the first consulate in the State of Iowa in Des Moines, Iowa.
I am a huge proponent of the State Partnership Program.
The cost of these regulations is surely impacting the entire country and our economic growth.
We have been hitting the Democrats for 3 years that they have not adopted a budget.
So we passed a law, let us say, 6 or 7 years ago that the Defense Department services are supposed to be auditable by 2017.
I want to compliment this agency for something dealing with the report that they are giving to us on financial management at the Department of Defense.
Our country is $19 trillion in debt. The 2016 deficit has been projected to increase that by $544 billion.
Is there an argument here for biannual budgeting so that more time can be spent on oversight and reauthorization efforts?
It just seems like it is going to take a long time to get work done that ought to be done.
I commend the chairman and many of my colleagues on this committee for their work to advance legislation that fixes many of the issues preventing businesses from entering into such plans.
I believe we can do this by helping the expansion of plan options for small businesses, including Multiple Employer Plans.
I think one of the best ways to close that gap is to make it easier for small businesses to enter into a MEP by relaxing regulations.
Restrictions on access to tax-favored savings before retirement may discourage individuals from making contributions.
I think we have been tasked right there with finding some sort of solution along the way.