Kevin Brady: “We are going through a very disappointing economic recovery. Millions of people can't find full- time work; millions…”

“We are going through a very disappointing economic recovery. Millions of people can't find full- time work; millions more have given up looking for work; and our local businesses are just drowning in red tape. They often ask: Doesn't anyone in Washington consider the impact on our local businesses and the economy from all this new red tape before they put it in place? Well, sadly not often enough. In 2012, the Federal Government imposed 3,708 new Federal rules. Guess how many of them had a cost benefit analysis? Simply ask the question: How does this affect the economy? The answer is 14--14 out of more than 3,000. I applaud Chairman Goodlatte's commitment to reforming the way this government conducts red tape. I have an amendment that complements his efforts, one drawn from my own Sound Regulation Act, which I think is helpful as we move this reform through. The point here is this: When a Federal agency sets out to adopt new rules and red tape, the agency has a responsibility to state clearly the achievable objective of those rules or regulations. After all, our citizens have the right to know what their Federal Government intends to accomplish with this red tape. {time} 1830 The agency also has the responsibility to tell the American people up front what metrics it is going to use to measure the progress toward that objective. No more manipulative statistics. No more fuzzy math.…”