House looks at Obama administration regulatory oversight
The National Federation of Independent Business (NFIB) warned Congress that the federal regulatory bureaucracy is a runaway train and that the office in charge of approving regulations appears to be asleep at the switch.
“Government regulations and red tape are one of the top concerns of our members,” said Karen Harned, Executive Director of the NFIB Small Business Legal Center. “Most small business owners can’t count on regulatory compliance specialists and lawyers to help them keep up with all of the new federal regulations they must follow. With an average of ten new regulations a day, small business owners are spending more time on paperwork and less time focusing on their business. That’s bad for their bottom line and for job growth nationwide.”