“From Fortune 500 Companies to small mom-and-pop operations, many business owners throughout Georgia’s 11th District have made one thing clear; today’s regulatory environment makes owning a business costly and significantly hinders job growth. The amount of federal regulations being handed down to American businesses is astounding, leaving numerous companies to close their doors under the sheer weight of government’s heavy-handed regulations.
“Today’s passage of the REINS Act begins to put the brakes on the federal government’s out-of-control regulatory power, which has driven businesses out of the marketplace and raised the cost of living for American families. This legislation seeks to restore much needed checks and balances to the regulatory process, by requiring Congress to approve proposed regulations that would cost more than $100 million per year.
“It’s time to remove government-imposed barriers to success and allow the free market to prosper. Instead of burying American businesses and families under endless piles of paperwork, let’s leave them with the only paper that matters – extra dollars in their pocketbooks at the end of each month.”