There is no doubt that federal regulations have increased over the past few years. Heritage Foundation policy expert James Gattuso explains:

106 new major regulations—each imposing $100 million or more in new costs on Americans—were adopted in the first three years of President Obama’s tenure…In dollar terms, the acceleration is even starker, with $46 billion in new burdens being assessed since January 20, 2009.

In an attempt to combat the economic burden of federal regulations, the House of Representatives passed legislation that aims to reduce the red tape. The major reform proposed by the House would ban the adoption of new regulations until our unemployment rate is less than 6 percent. While this freeze will not cure the economy, it sends a strong message to regulators that our economy does not need any more restrictions.

The freeze is one among many common sense changes that will help limit unnecessary burdens and promote economic growth. Click here to learn more about regulation reform.

Combined with other reforms already approved by the House, these reforms represent a major step toward limiting the regulatory burden on the economy, job creators and American consumers.

Do you think regulations are holding the economy back?

Comments (32)

The Donald - July 31, 2012

90% of government regulations are not only not necessary but are harmful and costly to business.
Cancel 10% of regulations a year for 10 years and business will spend less on wasteful expenses and can spend more to expand their business.

Ed Thomas - July 31, 2012

The Regulations passed by the current Democratically- controlled government have done more to strangle business than anything else done during the past 40 years!
It is a shame that young people believed the Democrats!
I hope and pray that they will either not vote in the next election, or have learned from their mistake and will vote for someone with business-sense in the next elections.

Robert H Jones - July 31, 2012

Absolutely!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

John Tyreman - July 31, 2012

Of course regulations are handcuffing the economy.
We are way ahead of other countries in certain things like pollution controls. Why add more when other countries have none? Let them catch up some before we add clamps on our economy…Don’t drive up the cost of energy while we are in a recession…Unless the government wants to make this depressive economy a permanent condition.

Henry Pohl - July 31, 2012

Yes, It seems we have done everything we can to put as many people out of work as we possibly can by adding unreasonable regulations on top of regulations especially in the energy sector of this countrfy.

Bonnie Smith - July 31, 2012

Absolutely, the EPA is out of control!
Bonnie

Eric Evans - July 31, 2012

Of course these are holding economy back. Have been reading some of the Obama Health Package and how on earth could our Congress have passed such a “”TAX””? If they think we have regulations now……just wait, if that piece of junk is really implemented in our country!!! This country is really in peril and so many people don’t know, and worse, so many don’t care.

Robert Seklemian - July 31, 2012

Our economy is being smothered by costs of excessive regulations, threats of tax increases and still more regulations, and an anti-business administration. How can an investor trust a multi-year business plan???

Thomas R. Broussard - July 31, 2012

Louisiana has 500 new laws taking effect tommorrow. How about we just use common sense and the ten commandments!

Zoli Althea Engel - July 31, 2012

As some regulations are indeed required most are unnecessary and prohibative to a free market. Stress is created in an attempt to stimulate growth, yet THIS stress disallows business to create as it should.

Paul Hoerner - July 31, 2012

YES, YES, YES. And so are strangulation taxes.

tom - July 31, 2012

Yes, I believe since obama is in, (hopefully leaving very soon) he encourages people to sit and do nothingand let the gov’t. take care of them, insteag ofr getting a job. What happens when the people who are paying all the taxes for the freebies, run out of money? Who’s going to take of them?

Ian B Engh - July 31, 2012

Existing regulations, and the enforcement of those regulations without applying a little common snese at the same time, are absolutely holding the economy back.

Willard Ferch - July 31, 2012

Absolutely, and a whole bunch of other things, too. The huge blackout in India, causing multiple millions to have no electricity, was caused, I heard, by shutting down coal mines & power plants fired by coal. More regulations brings bondage & all types of problems. Fiddlin

Janis Bandich - August 1, 2012

Too many rules always slows things down – focus on the big picture.

Alan Green - August 1, 2012

I placed federal regulation on the same plain as a drowning man being tossed an anchor instead of a float.

I remember during a GSA Audit of our MFG facility in Marion Ohio that the minority population was under represented in the Plant of 2000 back in 1980. Since I was responsible for the audit results, I asked how they came to that conclusion. I was shown a Federal population report showing Marion county w/ 50 to 60,000 people of minority listing. Since Marion was mostly a small rural town at the time, I was shocked at those figures. When We asked for further detail, we were told at the time most of the popuations listed was in the State Prision “Marion Correctional Institute.

The auditor said it made no difference where the population was listed, we had to comply !!!

We immediately tried to hire individuals to meet the “new” population requirements. The time frame is accurate !!

Cut back the Federal govt. ! I would start w/ 25% cut in standing budgets for all non-agencies not originally listed prior to 1968. Pre-Johnson era progams.

Randy Miller - August 1, 2012

More than anything else right now. Money is the cheapest it has ever been now if regulations were reduced and bills like the Dodd-Frank bill were thrown out as well as Obamacare I think companies would get off the side lines and start hiring and producing.

Sonie - August 1, 2012

Excessive regulations from the EPA and local regulations cause Americans hardships. Yes, we want clean air and water, but it has been shown how very clean our air and water are since regulations were enacted years go, yet the EPA is on the move with more and more ridiculous strangling regulations that hamper private property ownership and use. We must have common sense when creating laws and stop the overreach of this onerous
bureaucracy!

Harold Burnley - August 1, 2012

They always do. Some are necessary, but thes administration uses regulations to force an agenda congress won’t pass. This is raw abuse of power.

Frank Leitnaker - August 1, 2012

It is only common sense that:
1. Rarely, if ever, do regulations improve the efficiency or effectiveness of a business.
2.Generally regulations tend to have a cost for a business.
3. Increasing regulations can be expected to have an increasing cost for a business
4. whether the cost of a regulation for a business is trivial, significant, or even catastrophic depends on the regulation and the business. The answer is “Most likely”.

Helen Hackett - August 1, 2012

Absolutely! Here in Ohio we have numerous coal-fired generators and several nuclear plants, and of course I don’t want particulates that cause cancer in the air, but EPA regulations are shutting down our coal-fired generators and they won’t approve more nuclear plants. Whole communites are being affected by these closures and the EPA doesn’t even have proof that most (especially, Mercury) particulates are harmful. Now they are pushing Cross-state contamination rules. Too much regulation causes people to pay more for utilites, and puts too much burden on businesses.

Helen Ross - August 1, 2012

Unnecessary and intrusive regulations are killing businesses by costing money and time..

Dr. Pete Kleff - August 1, 2012

As a commercial attorney, I can state unequivocally that federal regulations impose a significant, expensive burden on all businesses. Might I suggest that federal regulations be subject to “sunshine” rules similar to that in Texas.

John Llewellyn - August 1, 2012

Yes they slow things down and cause employers to waist money on office staff to keep up with the regulations

Al Kohn - August 1, 2012

Excessive government regulations and intervention in the economy are crippling innovation and business expansion due to the uncertainty of compliance and not knowing what new regualtion will have to be dealt with almost every day. With every regulation comes higher costs which make it even more difficlult to compete in a global economy. A freer market and lower tax rates are the best way to expand our economy.

PawPaw - August 1, 2012

Does a fish know how to swim?

Rick - August 2, 2012

Without a doubt. The land of the free no longer applies, we have become the land of government intervention and control. A sad legacy to leave our children.

Jeff Yetter - August 5, 2012

Is the Pope of the Catholic faith? We are doubly penalized by any and all federal regulatory gobbledegook. Not only are the strictures resulting from the application of self described “experts’ throttling every aspect of business existance, and, hence; the resulting job development, but we are forced into complicity in the act by the only native American terrorist group extant, the IRS!

Phil - August 6, 2012

Working for one of America’s largest utilities, I see firsthand what is happening. We are soon to lose dozens of, here to fore “compliant” plants that are now suddenly slated for closure. This lack of cheap, reliable electricity will result in staggering increases in everybody’s electric bills and in the related costs of everything else made with that now missing power. These poorly conceived new regulations would have been damaging enough under ideal economic conditions, but to do them now with the economy in such dire shape, and so many millions already unemployed is unbelievable. But like Lisa Jackson says, “It’s the right thing to do.”
Stand up for coal…or sit in the dark.

K. Hunter - August 6, 2012

“Reform” in terms of political speech refers to altering programs and legislation to further benefit government. The term, as used by politicans, has nothing to do with improving the commoner’s lives in any way.

Judi Malcom - August 10, 2012

I feel that the many of the goverment regulations are an unnecessary burden on businesses and many are so costly it keeps many from opening new businesses.

Jack Leishear - August 10, 2012

Of course regulations hold the economy back. Here in Md. the cost of building a home from regulations and fees, are so high, that folks are taking thier plans to neighboring Pa. and W.Va., which is only a half hour or less away. HELLO!! Is anybody listening?

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