Yadira Caraveo: “I thank Ranking Member Nadler for yielding. Mr. Speaker, I rise today in support of H.R. 7198, the Prove It Act. I also…”

“I thank Ranking Member Nadler for yielding. Mr. Speaker, I rise today in support of H.R. 7198, the Prove It Act. I also thank my colleagues, Congressman Finstad and Congressman Moran, for working with me to run this bipartisan legislation. Colorado has more than 600,000 small businesses owned by men and women who work hard day in and day out to provide for their families and serve our communities. Small business owners already face innumerable hurdles in pursuit of the American Dream, and burdensome regulations only add to their challenges. The repercussions of overregulation are long lasting, impacting our economy and communities from the moment they are implemented, particularly in the Front Range and northern Colorado. Unfortunately, the requirement for analyzing both the direct and indirect costs imposed on small businesses has often not been satisfied by various Federal agencies. That is where our bill comes in. This bill would allow small business owners to be heard when they feel the Federal Government is imposing expensive roadblocks on them. It will shield small businesses from undue regulatory burdens and improve communication between small entities and Federal agencies. Throughout my time in Congress, I have made it a point to engage with local small businesses directly through a series of roundtables throughout the Front Range and northern Colorado.…”