[Congressional Record Volume 158, Number 110 (Monday, July 23, 2012)]
[House]
[Page H5117]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
RED TAPE REDUCTION AND SMALL BUSINESS JOB CREATION ACT
(Mr. PAULSEN asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. PAULSEN. Mr. Speaker, over the last 3 years, the number of
regulations imposed on small businesses has grown considerably. This
year alone, the Federal Register has ballooned to a staggering 41,662
pages, burying our Nation's small businesses in paperwork and red tape.
But it's not all about page numbers. There are very real implications
to our economic recovery as a result of the increased burden on small
businesses. Nearly half of all small businesses say they aren't hiring
because of red tape. They are spending vital time and energy and money
on navigating the tidal wave of regulations that is coming out of
Washington. These are resources that could be used to invest in new
equipment and expand and hire in their payrolls.
Mr. Speaker, this week the House will take action, action aimed to
freeze onerous regulations, to streamline the permitting process for
construction projects, and create transparency within regulatory
agencies so that employers can have more time and more energy and more
resources to growing and expanding their businesses and, ultimately,
creating jobs.
Mr. Speaker, it's time to help small businesses get out from under
the red tape coming from Washington.
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