I rise today in support of my bill, HR 4305, the Destroying, Unnecessary, Misaligned and Prohibitive Red Tape act, also known as the Dump Red Tape Act. Far too long, America's small businesses have been buried under costly regulations. After suffering through four years of regulatory onslaught by the Biden administration totaling nearly $1.8 trillion in new costs and requiring an additional 360 million hours to comply with these new regulations, small businesses are desperate for regulatory relief. (00:16–00:21)
CLAIM
Asserts that small businesses are significantly impacted by costly regulations.
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