WASHINGTON, D.C. – Today, House Committee on Small Business Ranking Member Blaine Luetkemeyer (R-MO) and House Committee on Oversight and Reform Ranking Member James Comer (R-KY) released the following statements on President Biden revoking Executive Order 13771, Reducing Regulation and Controlling Regulatory Costs.
“By revoking Executive Order13771on day one of his administration, President Biden is prioritizing his own bureaucratic regulatory agenda over the interests of American small businesses,” said Ranking Member Luetkemeyer. “Doing away with the ‘cut 2 for every 1 added’ model will only add more confusion and red tape. Small businesses have enough to worry about in this trying time, and the last thing they need is more overbearing big government intervention.”
“President Biden is signaling the start of a regulatory, red tape regime over American small businesses. President Trump’s regulatory reforms helped launch the greatest boom in jobs and economic growth in modern times,” said Ranking Member Comer.” Tossing them aside and decreeing more government intrusion will only raise new barriers to job creation for American workers and hurt small businesses struggling to recover from the pandemic. Unnecessary government regulations impose crushing burdens and do nothing but slow innovation and recovery. President Trump created the best economy in the world by limiting bureaucratic regulations and President Biden should seek to build on this success instead of diminishing it. Government does not know best, the American people do.”