On the recordDecember 1, 2011
Since its enactment in 1980, the Reg Flex has reduced the burden of Federal rules on small businesses. It has evolved over time to include new tools, expanding its purview and making a real difference for entrepreneurs across the country. With this important role in mind, the legislation before us makes some essential changes. However, in other areas the bill goes too far. At a time of mounting deficits and growing taxpayer anger at how tone- deaf Congress has become, H.R. 527 will dramatically expand the Federal bureaucracy at a cost of $80 million. For these reasons, I urge a ``no'' vote, and I yield back the balance of my time.
