Rick Allen: “I thank the gentlewoman for her leadership on this issue. Mr. Chairman, I rise today in support of H.R. 50, the Unfunded…”

“I thank the gentlewoman for her leadership on this issue. Mr. Chairman, I rise today in support of H.R. 50, the Unfunded Mandates Information and Transparency Act. One of the laws of physics states: For every action in nature, there is an equal and opposite reaction. The same thing happens in our economy. {time} 0930 Well, I can confidently say that, for every action made in Washington, D.C.'s bloated bureaucracy, there is going to be an unfunded mandate for private businesses and State, local, and Tribal businesses to grapple with. In 1995, Congress passed the Unfunded Mandates Reform Act to help stop the burden of these costly Federal unfunded mandates. However, over the last 23 years, many unfunded mandates have slipped through the cracks due to loopholes or failed analyses, costing taxpayers more of their hard-earned money. As a small-business owner for more than 40 years, I am a strong advocate for scrutinizing every tax dollar spent and holding agencies accountable. As Dr. Foxx mentioned of her travels in her district and my travels in my district, for the last 500 days since this administration and this President took office, it is like somebody flipped on the light switch. More jobs are being created; wages are rising; and the economy is growing. Jobs are being created. There are more jobs available today than there are people seeking jobs. H.R. 50 does this.…”