Equally troubling, this Administration’s regulatory policies are drowning small businesses in red tape. Last week, the House passed 14 bills to eliminate or reform burdensome laws and regulations and increase government transparency. The estimated cost of federal regulations in the U.S. is $1.806 trillion annually. That’s 11.6 percent of the U.S. Gross Domestic Product (GDP). These excessive regulations waste taxpayer dollars and create unnecessary hurdles to economic growth and job creation.
Worse yet, the President’s health care law is a job killing disaster. Some Hoosiers are seeing their work hours cut and many are facing skyrocketing health insurance premiums and out-of-pocket costs. The Congressional Budget Office predicts the Affordable Care Act will shrink the workforce by the equivalent of 2.5 million jobs by 2024. It’s time for the President to stop circumventing Congress and making piecemeal changes to the law. This uncertainty is making it harder for employers to hire new workers and keep the ones they have. We need to go line by line through the President’s health care law and get rid of the failures that are hurting the economy and holding back real progress toward making health care more affordable.
It’s time to get Washington out of the way at the doctor’s office, in the job market and at the gas pump. We need real reforms that will truly help Americans, like my mom, who are working hard every day to make ends meet.
— U.S. Rep. Luke Messer