Deregulation Empowers Free Enterprise

Floor Speech

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Mr. STUTZMAN. Mr. Speaker, the greatest strength of our Nation's economy has been its ability to continue to innovate and compete both with ourselves and with our counterparts.

However, over the last 4 years, the American economy has been suffocated under the enormity of regulatory burdens implemented under the Biden administration. To be clear, the Biden administration cost the taxpayers $1.8 trillion through unilateral rulemaking and executive orders.

This brazen abuse of executive power stymied commerce and our free markets and directly affected our ability to innovate and remain competitive in the international economy.

The effects of this aggressive regulatory regime was clear: Gas prices rose to the highest levels in history, and inflation reached the highest levels in decades.

Due to this, nearly a third of Americans were forced to choose between paying their energy bills or for their groceries.

Mr. Speaker, America is and will continue to be a beacon for free enterprise, innovation, and competition. I applaud President Trump for his pledge to roll back 10 regulations for any 1 implemented, and I look forward to seeing America enter a golden era of prosperity.

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