On the recordFebruary 10, 2011
We have a unique opportunity today to begin the long process of addressing the hidden tax of burdensome regulations. These are the regulations that choke small businesses, hinder U.S. manufacturers, and obstruct job creation. Last year alone, the Federal Government created 43 major new rules that cost our economy approximately $28 billion, and my friends on the other side of the aisle wonder why jobs are going overseas. By directing committees to review and purge outdated and unproductive regulations from the books, this resolution provides much-needed oversight to a regulatory system that is spiraling out of control. As the co-chair of the House Manufacturing Caucus, I hear almost every day from manufacturers and other small businesses that are being crushed by unnecessary regulations which constrict job growth and yet don't make us any safer, any healthier, or any more secure. Our country needs a sensible and economically competitive regulatory policy.
