In the News
Houma-Thibodaux area congressman targets federal rules
Washington, DC,
January 17, 2017
A Houma-Thibodaux area congressman has introduced a bill that aims to curb the number of federal regulations he says are strangling small businesses in Louisiana and across the U.S. Rep. Garret Graves, R-Baton Rouge, says his Prove It Act, which won House passage last week, seeks to stop federal agencies from underestimating regulatory compliance costs on small businesses and families. Among its stipulations, the bill would require federal agencies to collect data on the costs of regulations even after they are implemented. "We are tired of bureaucrats sitting in cubicles writing pages and pages of federal regulations on topics they know little about," Graves said in a news release. "In approximately the last eight years, the federal agencies have imposed hidden taxes, otherwise known as regulations, totaling nearly $1 trillion in a regulatory environment that has led to the first net loss in small businesses since records have been kept. "Bad regulations create jobs - in the federal government and in other countries." Read the full story here. |