Magazine article The Small Business Advocate

A View from Capitol Hill: Strengthening Advocacy and the Regulatory Flexibility Act

Magazine article The Small Business Advocate

A View from Capitol Hill: Strengthening Advocacy and the Regulatory Flexibility Act

Article excerpt

One of my political heroes, President Ronald Reagan, once joked, "Government's first duty is to protect the people, not run their lives."

Since I became chairman of the House Small Business Committee last year, our committee has been working tirelessly to reduce the regulatory burden on America's small businesses.

Twenty-eight million strong, these engines of economic growth employ half the private sector workforce and create 63 percent of all new jobs.

My philosophy has always been that government should be doing all it can to encourage small businesses-not discourage them.

To me, this means getting government out of the way and off the backs of America's small companies so they can do what they do best: create jobs and help grow our economy.

This effort has been an uphill battle, to say the least. Over the last seven years, we have seen a chilling pattern of regulatory overreach coming out of Washington. Small businesses routinely get hit worst and first as federal regulators add new layers of red tape. Making matters worse, too many agencies do a poor job of assessing the impacts of regulations on small businesses, which hides the true costs from the American public.

However, we know all too well that small businesses bear a disproportionate share of the federal regulatory burden. I hear it every week from small business owners back home in Ohio and in our hearing room in Washington, D.C.

Small businesses have fewer resources and don't have in-house lawyers and regulatory compliance staff to help them navigate complicated federal rules. That's why it is critical that federal agencies analyze the small business impacts of new regulations and reduce unnecessary and excessive burdens. …

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