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Public Statements

Risch Asserts Regulations Strangling Small Businesses

Press Release

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Date:
Location: Washington, DC

U.S. Senator Jim Risch today confronted Small Business Administrator Karen Mills about the negative impact regulations are having on small businesses. During a Senate Small Business Committee hearing Risch presented a stack of growing Obamacare regulations over seven feet tall to illustrate the difficulty businesses have in complying with regulations.

"Small businesses all over the country are trying to find a way to get out from under this, just as all big businesses and medium-sized businesses are doing. The difference is, of course, big and medium-sized businesses have a gaggle of lawyers and accountants who can help them get out from under this. The small businesses have fewer options," Risch said.

Risch, the leading Republican on the Senate Committee on Small Business and Entrepreneurship, made his remarks during the hearing on the president's proposed budget request for the Small Business Administration.

Risch noted that the president's budget, which was submitted more than two months later than required by federal law, was not going to pass because both the House and Senate passed budgets before the administration released their proposal.

"It's unfortunate that we are having a hearing on a budget that we all know will never become law. If we are going to be doing things like this, it ought to be pragmatic and dealing with something that is actually going to become law," said Risch.


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