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House Oversight — Estate records

HOUSE_OVERSIGHT_012718

DE 85-1 SupplementalAuthority-3633

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Case 9:08-cv-80736-KAM Document 85-1 Entered on FLSD Docket 06/17/2011 Page 1 of 4
EXHIBIT A
Case 9:08-cv-80736-KAM Document 85-1 Entered on FLSD Docket 06/17/2011 Page 2 of 4
t7
June 8, 2011
specifically, how do we get businesses
to do more in terms of hiring, spend
Iess on redtape, less on bureaucracy,
and reduce the regulatory burden in
smart ways?
The current administration has said
some of the right things but actually
moved in the wrong direction. We have
seen a sharp increase in the last couple
of years in what are deemed to be
major economically significant rules.
That is defined as regulations that impose
a cost on the economy of $100 million
or more.
According to the administration's Office
of Management and Budget, the
current administration has been regu-
Iating at a pace of 84 major rules per
year. By way of comparison, that is
about a 50-percent increase over the
regulatory output during the Clinton
administration, which had about 56
rules per year, and an increase from
the Bush administration as well. So we
have seen more regulations and more
significant regulations.
I was encouraged to hear President
Obama's words when he talked about
the Executive order in January, which
is entitled "Improving Regulation and
Regulatory Review." But now we need
to see action. We need to see it from
the administration, from individual
agencies to provide real regulatory relief
for job creators to be able to reduce
this drag on the economy.
One commonsense step we can take is
to strengthen what is called the Unfunded
Mandates Relief Act. It was
passed in 1995. It was bipartisan. I was
a cosponsor in the House of Representatives.
It is an effort to require Federal
regulators to evaluate the cost of rules,
to look at the benefits and the costs,
and to look at less costly alternatives
on rules.
The two amendments I would like to
offer over the next few days as we consider
the legislation before us would
improve this Unfunded Mandates Reform
Act, and it would reform it in

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