On the recordFebruary 10, 2011
Our focus this Congress should be on supporting job creation. I would like to refocus this debate a little bit, because I support a pretty simple proposition when it comes to regulation, and that is the benefits of regulation should exceed the costs. Last week, in Worthington, Ohio, I heard from over a hundred small business owners at a local chamber of commerce. They are worried about uncertainty. They are worried about limited transparency in this current regulatory environment, and it causes them to slow down on job creation and it stifles our economy. Experts suggested that we review overly burdensome and duplicative regulation, which hurts access to capital and job growth. I believe the Office of Management and Budget should be required to analyze the tradeoffs between proposed regulations and what they have on affecting job creation, economic growth, innovation, and competitiveness.
Source
govinfo.gov
