Last December, the House passed the Regulatory Flexibility Improvements Act, which I co-wrote with House Judiciary Chairman Lamar Smith (R-Texas). This legislation would strengthen the Regulatory Flexibility Act and close loopholes that agencies exploit to avoid complying with the law. Unfortunately, it is stalled in the Senate and the president has threatened to veto it. This week, the House will vote on the Red Tape Reduction and Small Business Job Creation Act, a bill that would halt major regulations, and provide relief for small businesses, until the economy improves.
Failure to act on these common-sense jobs bills seems indicative of this administrationís attitude toward small businesses and our struggling economy ó apathetic and out of touch. Even this simple, common-sense step to help entrepreneurs is rejected in favor of a government-knows-best philosophy. Our economy will continue to sputter without any real momentum unless small businesses have the certainty they need to perform their role as our nationís main job creators.
The government can start by listening to small-business concerns and taking them to heart so that the rules and policies imposed wonít drag down our economy further.
Rep. Sam Graves (R-Mo.) is chairman of the Small Business Committee.