On the recordJuly 30, 2013
I would like to offer a few words on a bill that I am introducing today with my colleague and friend, Senator Roy Blunt of Missouri. Upon my arrival to the Senate, Senator Blunt and I shared a conversation in which we discovered our interest in proposing pragmatic legislation that would go about easing the ever-growing regulatory burden borne by businesses across the country. Since then, we have worked together to craft a bill that takes a reasonable approach toward thinning out older regulations that have outlived their utility, all while retaining essential congressional oversight. Today we introduce the Regulatory Improvement Act of 2013, which I believe will achieve this goal. The Regulatory Improvement Act will create an independent Regulatory Improvement Commission that will be tasked with reviewing outdated regulations with the goals of modifying, consolidating, or repealing regulations in order to reduce compliance costs, encourage growth and innovation, and improve competitiveness. The composition of the commission will be determined by congressional leadership and the President, and the commission will be tasked with identifying a single sector or area of regulations for consideration. After extensive review involving broad public and stakeholder input, the commission will submit to Congress a report containing regulations in need of streamlining, consolidation, or repeal.…





