Stopping Burdensome Regulations
One of the biggest complaints I hear from small businesses is about the regulations coming from Washington. Many of those regulations are implemented without getting input from the small businesses that are affected. A small business owner trying to beat the competition, make payroll and keep the business open may not have time to read proposed rules in Washington.
Most small businesses don't have lawyers or lobbyists who focus on regulatory compliance like larger corporations may have. However, that shouldn't stop them from participating in the federal government rule-making process. That's why I've helped create a system to highlight proposed rules and get input from actual small business owners.
Not all regulations are bad, but many can be unnecessarily burdensome. Too often bureaucrats write rules that are impractical or unnecessary in the real world. Small businesses bear a regulatory cost that is 36 percent higher than the cost of compliance for large businesses. They should have more input into proposed rules, not less.
According to the National Federation of Independent Business, there are some 4,128 federal regulations still being made. If those regulations are implemented, they will cost more than $515 billion on our economy. I believe that folks on Main Street will be just fine without more government bureaucracy and especially rules that do not make sense.
This initiative will help small companies make their voice heard as federal regulations are being considered. You can go to www.smallbusiness.house.gov/RegWatch to learn more about proposed regulations and make your voice heard.
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Sincerely,
