Alert Act

Floor Speech

Date: July 30, 2013
Location: Washington, DC

Mr. HOLDING. Madam Speaker, in North Carolina, small businesses are a primary driver of the economy. These businesses, like many across the country, are harmed by excessive regulation.

Over the past 4 years, our Nation's cumulative regulatory cost burden has increased by $520 billion. What's worse is this administration has failed to disclose, as required by law, the effects of new regulations in a timely manner. The administration is required to submit a regulatory agenda twice a year, but they have consistently failed to do so.

Madam Speaker, small businesses are not given enough notice of how new regulations will affect their tough decisions, whether to cut a worker's hours or wages or adjust their business plan otherwise. That is why I introduced, Madam Speaker, the ALERT Act, H.R. 2804, the All Economic Regulations are Transparent Act, to ensure that the administration publishes its regulatory agenda in a timely manner.

Madam Speaker, the least this administration can do for small businesses is follow the law and provide notice as to what regulations are coming down the pipeline.