Price: Businesses need ‘confidence’ that Washington will stop ‘regulatory regimes’

Businesses “need is confidence that Washington is going to stop building vast new regulatory regimes like those we see coming from the health care and financial reform laws pushed through last Congress,” a Congressman from Georgia said Tuesday.

“Our economy needs regulatory reform on a scale far bolder than what the Obama Administration has offered,” U.S. Rep. Tom Price, R-Ga., said in a statement. “What American job creators need is confidence that Washington is going to stop building vast new regulatory regimes like those we see coming from the health care and financial reform laws pushed through last Congress.  At the very least, the Administration ought to agree to employ a moratorium on whatever regulatory misadventures they have in mind right now.

“Unfortunately, this is an administration defined by an attitude that government ought to be picking winners and losers in our economy,” Price added. “How else can one explain its relative silence as the National Labor Relations Board specifically seeks to bar a company from creating jobs. While any effort to focus on regulations is welcome news, it is because of the agenda of this administration that small businesses and entrepreneurs still see a future of uncertainty fostered by regulatory impediments and costly mandates forced on them by Washington.  I call on the President to work with Republicans on proposals we have put forward to address the stagnantly high unemployment. We can work to tackle the jobs crisis facing this nation through bolder regulatory reform, tax reform, and fiscal reforms that put our nation on a path to prosperity and economic growth.”

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