Mr. President, last week the House passed an important piece of legislation, the reauthorization of the Perkins Act. It was sent to the President's desk for his signature and, once that happens today, it will become the law of the land. I want to take just a moment to talk about part of it because it has huge implications for my State and the United States. It is called the New HOPE Act, and it builds on other steps we have taken recently to strengthen our Nation's economy. Specifically, it deals with this phenomenon of occupational licensing. State licensing mandates require men and women to pay fees, complete training programs, and pass exams before they can enter certain jobs and professions, but many of these licensing requirements are simply protectionism. They do nothing to protect consumers or ensure the public safety. They simply protect the incumbents' interests and erect large barriers to entry. They make it more difficult for new folks to learn and practice new trades and preserve exclusive access to those who have the means and the time necessary to jump through all the procedural and financial hoops. Existing licensing rules perpetuate the status quo and stifle new talent. Oftentimes, they are totally unnecessary, as you may have gathered from my comments, and certainly burdensome. When that happens, they need to be eliminated.…
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