Focused on Jobs: House Will Vote to Curb Excessive Red Tape Hurting Small Businesses

This week, the House will vote on the Red Tape Reduction and Small Business Job Creation Act (H.R. 4078), a package of several common-sense jobs bills focused on eliminating excessive government regulations and red tape that make it harder for small businesses to hire and hurt economic growth.

In a recent survey by the US Chamber of Commerce, 78 percent of small businesses said excessive regulations and taxes make it harder for them to hire. Small businesses are particularly vulnerable to the costs imposed by Washington – their annual regulatory cost is roughly $10,585 per employee, 36 percent higher than the costs facing larger firms. That’s why this package includes the:

  • Regulatory Freeze for Jobs Act (H.R. 4078) by Rep. Tim Griffin (R-AR): stops all new “significant” federal regulations until the national unemployment rate falls to six percent or lower. The unemployment rate has been higher than eight percent for 41 consecutive months.

The House will also vote next week to stop the tax hike Ernst & Young says will destroy more than 700,000 American jobs, and has already passed legislation to replace the “sequester” defense cuts that would devastate our national security.

This effort to “remove onerous regulations that are redundant, harm small businesses, and impede private sector investment and job creation” is all part of the Republican Plan for America’s Job Creators. See the full list of 30+ jobs bills passed by the House (so far) here and learn more at jobs.GOP.gov.