On the recordJune 9, 2011
I have supported regulatory reform since before my election to the Senate in 1978, to make regulations more sensible and efficient while protecting the public's health and well- being. The Snowe regulatory reform amendment would amend the Regulatory Flexibility Act, RFA, to require that Federal agencies consider all potential direct and ``indirect economic impacts'' of proposed regulations. I will vote against this amendment because it is so broad and undefined. Also, the Snowe amendment would give standing to seek judicial review and seek injunction of a rulemaking while the rule is still in its draft form and still receiving public comment. I am concerned that such a change could paralyze the regulatory process, not reform it. Mr. McCONNELL. Mr. President, as cosponsor of the Freedom Act, I would like to add my voice to those who have spoken in its support. But first I would like to thank Senator Snowe for her dedication and hard work in support of the many small business owners across her state and across the country who would benefit from this legislation. As we all know, America's job creators are suffocating under regulations and redtape. The administration doesn't seem to realize that all its interference has a human cost. Businesses want to create jobs and help communities recover, but they can't.…





