House Moves to Save Taxpayers Millions

Rep. Barry Loudermilk (R-GA) released the following statement after voting in favor of H.R. 1155, the Searching for and Cutting Regulations that are Unnecessarily Burdensome (SCRUB) Act, legislation that would help Congress identify an eliminate regulations that are outdated, unnecessary, burdensome, or hinder technology:

“As a father who raised three children, I can tell you that an extra $15,000 a year would have been a game changer for our budget. As a former small business owner, I fully understand the negative impact of this President’s frenzy of new regulations. We have a lot of work to do in order to rein in the runaway agencies in Washington, and this bill is one good step in that direction. My office is laser focused on reforming the regulatory agencies and changing the culture of nonsense within these runaway agencies. The America we’re working to build is one where we get the government out of our way and allow freedom to foster innovation and success.”

Background:

•H.R. 1155 would establish a Retrospective Regulatory Review Commission to identify and eliminate regulations that are outdated, no longer necessary, burdensome, or hinder technology.

•The bill is aimed to address the estimated $15,000 of hidden regulatory costs that are imposed on every US household each year.

•The bill directs the commission to have a goal of reducing regulatory costs by 15% or more, while maintaining necessary effectiveness.

•$488 billion in new regulatory costs were added in President Obama’s first term alone.

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