[Congressional Record Volume 159, Number 111 (Tuesday, July 30, 2013)]
[House]
[Page H5098]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
ALERT ACT
(Mr. HOLDING asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. HOLDING. Madam Speaker, in North Carolina, small businesses are a
primary driver of the economy. These businesses, like many across the
country, are harmed by excessive regulation.
Over the past 4 years, our Nation's cumulative regulatory cost burden
has increased by $520 billion. What's worse is this administration has
failed to disclose, as required by law, the effects of new regulations
in a timely manner. The administration is required to submit a
regulatory agenda twice a year, but they have consistently failed to do
so.
Madam Speaker, small businesses are not given enough notice of how
new regulations will affect their tough decisions, whether to cut a
worker's hours or wages or adjust their business plan otherwise. That
is why I introduced, Madam Speaker, the ALERT Act, H.R. 2804, the All
Economic Regulations are Transparent Act, to ensure that the
administration publishes its regulatory agenda in a timely manner.
Madam Speaker, the least this administration can do for small
businesses is follow the law and provide notice as to what regulations
are coming down the pipeline.
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