Government Accountability & Transparency
I strongly believe that Congress should work to encourage private sector job growth, and not hinder it with unreasonable regulations. We risk losing more scarce jobs and more investment capital every single day due to the ever-increasing weight of our Federal bureaucracy. Many of these regulations place significant burdens on manufacturers and small businesses at a time when our economy can least sustain them. According to the Small Business Administration, Federal regulations cost American businesses between $8,000 and $10,000 per year per employee and between $15,000 and $37,000 per American household each year.
Recently the House of Representatives passed with my support a resolution directing the committees of the House to examine and exercise oversight of Federal agency regulations and their impact on the economy. It is important we reduce uncertainty in the private sector by developing and implementing regulations in an open, transparent fashion to preserve confidence in government.