[Congressional Record Volume 170, Number 107 (Wednesday, June 26, 2024)]
[House]
[Page H4157]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




      BIDEN ADMINISTRATION CONTINUES TO OVERSPEND AND OVERREGULATE

  (Mr. ROSE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. ROSE. Madam Speaker, since President Biden has taken office, 
prices have risen 20.1 percent. That means the average American 
household is spending an average of $13,000 more a year for common 
household items.
  Despite this out-of-control, spending-induced inflation, the Biden 
administration continues to overspend and overregulate.
  In fact, in just 3\1/2\ years, this administration has finalized 991 
new regulations. Those regulations will result in an estimated 300 
million additional hours of paperwork every year for Americans and 
bring with them a total finalized cost of $1.6 trillion.
  This comes as small business owners struggle to remain competitive 
and keep up with these rising costs.
  Madam Speaker, it is past time the Biden administration ends its 
regulatory war against small businesses and unleash the American 
ingenuity and capitalism that has traditionally given Americans the 
highest standard of living in the world.

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