On the recordFebruary 11, 2011
As a former small business owner and steadfast advocate of government accountability, it is a pleasure to speak today recognizing the important work that must be done to reduce the economic, job-crushing harm imposed by Federal overregulation. As the economy struggles to recover and so many Americans remain jobless, it is critical that Congress takes immediate action to reduce waste and free up capital to unleash the job creating potential of small businesses and other private sector employers. The need to improve government transparency and accountability motivated me to author bipartisan legislation, H.R. 373, the Unfunded Mandates Information and Transparency Act, which would expand cost estimate reporting requirements and close loopholes that have been used to leave the public unaware of the full impact of Federal mandates. It is important to understand the real-world impact of overly burdensome Federal regulations that are acting as a boot to the throat of so many would-be job creators.
