On a daily basis I hear from Hoosier small businesses how regulations from Washington DC are impairing their ability to grow their business and hire new employees. In 2011, there were more than 200 regulations in the works that combined will have an economic cost of over $100 billion annually. These regulations will contribute to even greater economic uncertainty and reduce much needed economic growth.
Regulations should not destroy jobs. They should provide structure so that Americans can open small businesses and existing businesses can expand and hire more workers. Each year, businesses spend over $1.75 trillion to comply with government regulations – money that could be used to invest and grow businesses.
To read more about the House's actions to roll back the red tape on America's job creators, please visit the Speaker's website by clicking here.