Regulations strangling small business, Risch says |
April 19, 2013 |
U.S. Senator Jim Risch confronted Small Business
Administrator Karen Mills this week about the
negative impact regulations are having on small
businesses. During a Senate Small Business
Committee hearing Risch presented a stack of
growing Obamacare regulations over seven feet
tall to illustrate the difficulty businesses
have in complying with regulations. “Small businesses all over the country are trying to find a way to get out from under this, just as all big businesses and medium-sized businesses are doing," Risch said. "The difference is, of course, big and medium-sized businesses have a gaggle of lawyers and accountants who can help them get out from under this. The small businesses have fewer options.” Risch, the leading Republican on the Senate Committee on Small Business and Entrepreneurship, made his remarks during the hearing on the president’s proposed budget request for the Small Business Administration. Risch noted that the president’s budget, which was submitted more than two months later than required by federal law, was not going to pass because both the House and Senate passed budgets before the administration released their proposal. “It’s unfortunate that we are having a hearing on a budget that we all know will never become law. If we are going to be doing things like this, it ought to be pragmatic and dealing with something that is actually going to become law,” said Risch. |