Congressman Bill Johnson (R-Marietta) released the following statement today after voting in favor of H.R. 4078 -- The Red Tape Reduction and Small Business Job Creation Act -- important legislation that empowers America's small businesses to grow and expand.
"America's small businesses are the backbone of our economy, and it is important for small businesses to have regulatory certainty so that they can grow, expand, and hire new workers. Unfortunately, for far too long Washington has failed America's job creators by proposing mountains of new regulations that rob our economy of almost $2 trillion every year, according to the Small Business Administration. Since taking office, the Obama Administration has proposed over 400 new regulations that will cost our economy $100 million or more EACH. This is unacceptable. Every time I travel up and down the Ohio River, businesses both small and large tell me that new government regulations and the threat of even more are keeping them from hiring and expanding. We need to free America's job creators from these strangling regulations that stifle economic growth and kill jobs," said Bill Johnson.
Johnson added, "As a small business owner myself, I know firsthand the destructive burden of excessive regulation. The Red Tape Reduction and Small Business Job Creation Act puts a stop to President Obama's unchecked power to issue costly and job-killing regulations on a whim, and is an important step toward empowering America's job creators so they can do what they do best -- create jobs."