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Este próximo domingo, el pueblo venezolano tendrá una elección que, de ser legítima, pondría fin a años de opresión por parte del narco-régimen de Maduro. El senador estadounidense Marco Rubio (R-FL) grabó un mensaje de video en español y emitió una declaración en...
Twenty-three years ago, the United States was attacked by Islamic terrorists on September 11, 2001. Now, Zacarias Moussaoui, the only person convicted in a U.S. court for his role in the attack, has requested the U.S. Department of Justice to allow a prisoner transfer...
U.S. Senator Marco Rubio’s (R-FL) office will host virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of Senator Rubio’s...
As the U.S. Department of Veterans Affairs (VA) opens up new facilities, many veterans are losing access to the VA’s Community Care Program and, consequently, their long-term healthcare providers. Veterans throughout the country have reported a loss of care, including...
The U.S.-India partnership is vital to countering influences from Communist China. In order to strengthen this partnership, it is essential to enhance our strategic diplomatic, economic, and military relationship with New Delhi. U.S. Senator Marco Rubio (R-FL)...
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) today introduced two bills to help alleviate the crushing burden of regulations on small businesses. The “Regulation Costs to Small Business Act” requires the Small Business Administration (SBA) to conduct an annual study determining the total cost of federal regulations specifically to small businesses. The “Regulation Costs to America Act” requires the Government Accountability Office (GAO) to conduct an annual study determining the total cost of all federal regulations.
Requiring annual reports estimating the actual cost of federal regulations will give the American public and lawmakers a more accurate assessment of the total cost of federal regulation. Without reports like these, it also makes it harder for small businesses to plan for the future, or for aspiring entrepreneurs to account for the hidden costs of regulatory compliance when starting new businesses.
“Currently there is no up-to-date assessment by the government showing what its federal regulations are costing small businesses and the American taxpayer,” said Rubio. “By requiring annual reports, we will have a sense of the cost of all the hurdles small businesses have to jump over and can determine just how excessive current regulations are on business owners.
“Burdensome red tape impedes small business growth, which slows job creation,” he added. “It is critical to have data showing where we can rein in the unnecessary and excessive regulations to stop them from crushing our economy.”
The National Small Business Association and Center for Freedom and Prosperity have endorsed the Regulation Costs to Small Business Act. The most current data provided by the SBA was published in a September 2010 report, “The Impact of Regulatory Costs on Small Firms,” which estimated the total cost of federal regulation at $1.75 trillion and is based on 2008 data.