[Congressional Record Volume 158, Number 111 (Tuesday, July 24, 2012)]
[House]
[Page H5134]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
REGULATORY REFORM: FINDING A BALANCE
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Michigan (Mr. Walberg) for 5 minutes.
Mr. WALBERG. Mr. Speaker, for the record, America's businesses and
innovators do not need the administration mandating how they run their
companies--yet it regularly does and in the form of burdensome and
costly regulations. We all share in the responsibility to find the
balance of making sure employees have the safest working conditions
possible while allowing them to have a job to come back to every day.
Burdensome, onerous regulations place such a heavy toll on businesses
that hiring slows and they are forced to start cutting from their
workforces.
{time} 1010
Part of protecting employees' jobs is making sure that the business
they work for is still able to grow and create more good-paying jobs
for those in Michigan and across the country.
Over the course of this Congress, I have had the opportunity to speak
with numerous small businesses, owners, and workers who state
unequivocally that they'd rather Washington hand out less regulations
and more certainty. According to a Chamber of Commerce small business
outlook survey from earlier this year, nearly 80 percent of small
businesses say taxes, regulations, and legislation make it harder for
them to hire. That's because small businesses are forced to pay on
average $10,000 per employee per year in order to comply with excessive
regulations. The Small Business Administration has reported that when
added up, those costs amount to $1.75 trillion annually, which is
enough money for businesses to provide 35 million private sector jobs
with an average salary of $50,000 per year.
Mr. Speaker, truly, the price of red tape is the loss of American
jobs. Because of these regulations, the United States is also losing
its competitive edge. According to the ``Global Competitiveness
Report'' for 2011-2012, the U.S. fell to the fifth most competitive
economy in the world. It is down from second place when President Obama
took office in 2009. The reason stated by the report: more burdensome
regulations.
I ask my Big Government colleagues: What's wrong with being number
one? Regulations are important, and businesses should be held
accountable for the safety of their employees. But how much is too
much? So far this year, the Federal Register has run more than 40,000
pages of regulations that range from burdensome to downright
ridiculous. It contains such provisions as multiple hospital claim
reimbursement codes for injuries caused by parrots and burns from
flaming water skis. We need regulatory reform that cleans up the
system, removes duplicative regs, and wipes out burdensome and
excessive rules.
My Republican colleagues and I in the House have passed dozens of
bills to pull back the government's regulatory arm. We passed the
Regulations From the Executive in Need of Scrutiny, or REINS, Act which
would require both Congress and the President approve all major rulings
created by Federal agencies. We also have passed rules that would
discourage any regulation that will have an annual impact of more than
$100 million, resulting in major increases in costs and prices, or
impose a significant negative effect on competition and jobs.
This week, we'll vote on H.R. 4078, the Red Tape Reduction and Small
Business Job Creation Act, which would prevent any Federal agency from
taking a significant regulatory action until employment has reached 6
percent or less. House Republicans remain committed to growing the
economy and requiring congressional approval for any regulation that
has significant impact on the economy or burdens small businesses and
costs jobs.
We must stop allowing unelected bureaucrats to enact job-killing
rules with no checks or balances. By preventing these kinds of job-
hindering proposals, we can give job creators more certainty about what
rules they can expect. Small businesses are our country's real job
creators, creating seven out of every 10 jobs.
To protect these jobs and our country and Michigan, I'll continue to
fight for less red tape here and in Washington, and more jobs in our
homeland.
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