Today, Congressman Adam Kinzinger (R-IL), a member of the Committee on Energy and Commerce, issued the following statement regarding the passage of H.R. 4078, the Regulatory Freeze for Jobs Act:
"To cut unemployment, we need to slash the red tape strangling small businesses. I agree with Steve Jobs when he said "Government needs to be a lot more business-friendly. It's easier to build a factory in China and almost impossible to do so these days in America, largely because of regulations and unnecessary costs.' Our bill imposes a moratorium on any new significant regulatory action, save for health and emergency, until unemployment drops to six percent nationally. There are nearly 13 million Americans looking for a job, and they need government to work with businesses to promote hiring - not act as an additional burden.
"Since President Obama took office, we've seen an unprecedented amount of costly and burdensome regulations heaped on business owners. In the past three years, regulations deemed economically significant have increased 52%, while regulations published just this year will cost American businesses $56.6 billion."
"House Republicans have passed over 30 jobs bills to cut the red tape holding back job-creation; it's time President Obama and the Senate stopped blocking these pro-growth bills and started working with American job-creators."