Rick Allen: “I thank the chairman, and I appreciate this time. Yes, this country does have major problems, and certainly regulation…”

“I thank the chairman, and I appreciate this time. Yes, this country does have major problems, and certainly regulation is one of them. In fact, I just spent over an hour and a half of my time talking with the administrator of the EPA about the economic impact of that agency. This is just another example of this government reaching out to require businesses to do things that, frankly, cost money and cost the economy. Every American deserves the opportunity at a good job, and we must grow this economy. That is why I am speaking today in support of H.R. 2017, the Common Sense Nutrition Disclosure Act. This bill protects American small businesses from unnecessary costs and regulations, which, again, is the big problem we have with growing the economy. Mainly those in the restaurant and food industries are affected by this, establishing one-size-fits-all nutritional disclosure requirements. As a small business owner for over 40 years, I know just how daunting new regulations are. New regulations mean more money spent and countless hours of compliance. It is estimated that if this regulation is implemented, it could cost American businesses $1 billion to comply and 500,000 hours of paper. This is a serious issue. American small businesses do not have that kind of time, nor do they have that kind of money. During a time of slow economic growth, we should not make it harder for Americans to start and stay in business.…”