Sam Graves: “Mr. Speaker, as chairman of the House Small Business Committee, I often see the impact that regulations have on small…”

“Mr. Speaker, as chairman of the House Small Business Committee, I often see the impact that regulations have on small businesses. Harmful Federal regulations can put serious hurdles in the way of entrepreneurship, making it difficult to create jobs and expand businesses. As we try to encourage a lasting, stable economic recovery, it is critical we review and analyze the impact of proposed and existing regulations on small businesses. We must make sure regulators are not making irreversible decisions that could strain the competitive ability of small businesses, prevent expansion, reduce access to capital and harm the overall growth of the American economy. Not only are regulations potentially harmful to small businesses, there are simply too many regulations for businesses to follow. In 2010, the Federal Register, the daily digest of the Federal agency regulatory announcements, contained about 82,000 pages, in comparison to the roughly 42,000 pages in 1980. President Reagan and every President since ordered Federal bureaucrats to review regulations. Despite this, very few rules are ever repealed.”