Chairman Graves Statement on the TRAIN Act
House Small Business Committee Chairman Sam Graves (R-MO) today issued the following statement on the House vote of the Transparency in Regulatory Analysis of Impacts on the Nation Act of 2011 (TRAIN Act), H.R. 2401:
“This week, we held two hearings to take a closer look at the regulatory burdens that many small businesses face. On Wednesday, we examined President Obama’s regulatory review executive order from January and whether these plans will actually result in a meaningful reduction of regulatory burdens on small businesses. On Monday, Subcommittee on Agriculture, Energy and Trade Chairman Scott Tipton held a field hearing in Colorado to examine burdensome energy industry regulations that have a negative impact on small businesses and consumer prices.
“I applaud the President’s review, but I hope the administration produces action, and not just lip service, on eliminating truly burdensome regulations, such as the unnecessary EPA regulations outlined in Rep. Tipton’s field hearing.
“What we are hearing from small business owners on the issue of regulation is consistent: many oppressive regulations place costly and, oftentimes, unmanageable burdens on the backs of small business owners, which inhibit many from hiring additional employees and even forcing some to close.
“The TRAIN Act is a bipartisan piece of legislation that would help bring transparency to regulations by requiring an interagency committee to assess the impacts of job-crushing EPA regulations. That additional economic analysis is something that is missing right now, especially as it relates to the EPA. During a stagnate economy like this, it is important that the federal government fully assesses how regulations affect consumers, small businesses, and local governments, so that Washington doesn’t prolong our unemployment crisis.”