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Reducing Red Tape

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Date:
Location: Unknown

A recent survey by the National Federation of Independent Businesses showed that the biggest business concern for 19 percent of small business owners is government regulations and red tape. It's astounding to me that the government is the most troubling factor for small business owners. So last week, I was proud to support H.R. 4078, the Red Tape Reduction and Small Business Jobs Creation Act. This bill makes commonsense reforms that slow down the Obama Administration's rush to implement new regulations. It puts a stop to midnight regulations, which are pushed through in the period between Election Day and inauguration day. It also puts a freeze on finalizing any major new regulations until unemployment drops below six percent. That allows businesses to focus on getting stronger and creating jobs, instead of complying with more red tape from Washington.


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