After officially launching his REGS Agenda this morning, Congressman Rick Berg today cast a vote in support of the REINS Act, which serves as a key aspect of his agenda to rein in job-killing regulatory burdens that hinder America's small businesses and was passed by the House this evening.
"One of the top concerns I hear from North Dakotans is how overregulation hinders job creation and hurts business growth. The REINS Act, a key part of my REGS Agenda, will rein in President Obama's regulatory overreach and provide our small business owners, energy producers, farmers and ranchers with the much-needed regulatory relief and certainty they need to create jobs and grow our economy." Berg stated. "In North Dakota, it is common sense: jobs come from small business, not big government. It's time for President Obama to take note. Under President Obama's administration, more than 200 new regulations with an economic impact of over $100 million have been forced onto our small businesses, energy producers, ranchers and farmers, stifling job creation and blocking economic recovery. Today, our nation's job creators are burdened annually with $1.75 trillion in extra, unnecessary regulatory costs, and in total, American small businesses spend about $10,500 per employee to comply with federal regulations. To get our economy back on track, Washington needs to step back and let our small businesses do what they do best: create jobs and grow the economy. I urge the Senate to take action on this common sense, job creating legislation."
Berg has long advocated for the passage of the REINS Act, which he helped introduce in January. This legislation will require that Congress take an up-or-down vote on every new major rule before it could be enforced on the American people and businesses, in turn providing energy producers, famers, and small businesses with certainty that rules won't continually change. Major rules are those that have an annual economic impact of $100 million or more. More information about the REINS Act may be found here.
This morning, Berg also announced the launch of his REGS Agenda--a path forward to reduce regulatory red tape, empower states, growth the economy, and stop President Obama's regulatory overreach. The product of Berg's conversations with North Dakotans this past year about the impact of senseless regulations, the REGS Agenda will work to:
* Rein in overbearing regulations that stand as road blocks to economic growth and job creation;
* Reduce the regulatory uncertainty hanging over America's small businesses;
* Empower states by returning to them the power to enact commonsense regulations that best fit their unique needs;
* And promote job creation and business growth by providing America's job creators with relief from out-of-touch regulation.