On the recordJanuary 12, 2017
Mr. President, for too long, American families, farmers, and job creators have suffered under President Obama's regulatory onslaught. His administration threw caution to wind, pumping out regulation after regulation and further entangling the government into Americans' daily lives. In November, the American people issued a strong rebuke to President Obama's overreach and his administration's way of doing business. They want a new direction. They want more accountability. They want more transparency. They want the government off their backs so that they can get back to making this country great again. President-elect Trump has committed to working with Congress to roll back the regulatory overreach of the Obama administration, and to making the government more answerable to the people. So, I rise today to introduce an important piece of legislation that will help achieve these goals and ensure a more accountable and transparent government going forward. By some estimates, Federal Government regulations impose over $2 trillion in compliance costs--on the American economy. The cost of complying with all these regulations falls particularly heavy on small businesses. It is no wonder why many American businesses have shut down or moved overseas. How many innovators dreamed of starting a small business but decided against it when faced with the burden and uncertainty of our regulatory state? We have to do better.…





