"We could start creating jobs by freezing the tidal wave of proposed federal regulations aimed at job creators until Congress can review and approve them." - U.S. Rep. Greg Walden
Federal agencies are moving forward with a mind-boggling 4,257 new regulations that only add to the uncertainty that small business owners already feel. According to the Small Business Administration, regulations cost U.S. employers $1.75 trillion every year.
A recent study by the Heritage Foundation found that an unprecedented 43 major regulations were imposed in FY 2010 with a total economic cost of $26.5 billion, the highest total since at least 1981. Small businesses -- which have created 65% of all new jobs in the past 15 years -- face an annual regulatory cost of $10,585 per employee, which is 36% higher than the cost facing large firms.
What Congress can do to create jobs:
* Put Oregonians back to work in the woods
* Since 1980, 74% of the mills in Oregon have closed, destroying more than 30,000 jobs.
* In 1980, 405 Oregon mills were in operation and provided 45,778 mill jobs. Today, just 106 mills are in operation, providing 15,706 jobs.
* In Oregon, the federal government owns 60% of the forests, but does 12% of the harvest.
* Land trust for schools, cops, and roads:Nationwide, trusts annually return billions from resources on states' land. In Washington, 2.9 million acres of public land is managed in trust for schools. In 2005, they produced gross revenues of nearly $300 million.
* Pass the TRAIN Act (H.R. 2401; Rep. Walden is a cosponsor)
* Require an interagency committee to assess the combined impacts of recent large environmental regulations.
* Delays the Utility MACT rule and new transport rule, which would cost $17.8 billion each year, destroy 1.44 million jobs by 2020, and increase electricity costs by 12%.
* Passed the House of Representatives on Friday, awaits action in the Senate.
* Pass the EPA Regulatory Relief Act (H.R. 2250; Rep. Walden is a cosponsor)
* Protects 200,000 jobs that EPA's boiler rules put at risk.
* Per Obama's executive order, tells EPA to reissue rules that are less burdensome.
* Passed the House Committee on Energy and Commerce by bipartisan 36-14 vote.
* Pass the Cement Sector Regulatory Relief Act (H.R. 2681; Rep. Walden is a cosponsor):
* EPA threatens to shutter 20% of U.S. cement manufacturing plants in the next 2 years.
* The Ash Grove cement plant in Durkee has invested $20 million to install the latest technology to reduce its mercury emissions by 90%, the highest level achievable with today's technology, but EPA wants a 98% reduction, putting more than 100 jobs at risk.
* Passed the House Energy and Commerce Committee by bipartisan 33-12 vote.
* Approve trade pacts with Colombia, Panama, and South Korea to create 250,000 new U.S. jobs.