Destroying Unnecessary, Misaligned, and Prohibitive Red Tape Act

Floor Speech

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Mr. WIED. Mr. Speaker, I rise today in support of my bill, H.R. 4305, the Destroying Unnecessary, Misaligned, and Prohibitive Red Tape Act, also known as the DUMP Red Tape Act.

For too long, America's small businesses have been buried under costly regulations. After suffering through 4 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.

A report published last December by the U.S. Chamber of Commerce found that over half of small business owners view the cost of complying with regulations as a barrier to growth.

Small businesses are forced to navigate complex environmental reporting requirements, overtime and wage rules that change from one administration to the next, and lengthy permitting processes that can delay construction projects for months or even years.

Family-owned shops face costly data privacy mandates designed for multinational corporations, while contractors struggle with ever- shifting OSHA paperwork requirements that eat up their time better spent on the jobsite.

Earlier this year, the Small Business Administration created the Red Tape Hotline under its Office of Advocacy. This hotline gives small businesses a seat at the table to highlight the prohibitive red tape regulations from across Federal agencies that hurt their ability to grow and compete.

My bill takes that progress further. It codifies the hotline into law and requires annual reports to Congress so that we know exactly which rules are holding back growth and what steps are being taken to fix them.

I am pleased that my bill earned the endorsement of the U.S. Chamber of Commerce and Associated Builders and Contractors, which recognized the need for a direct line of communication to the SBA for small businesses.

The DUMP Red Tape Act is a commonsense way to gather input directly from the people most harmed by overregulation to allow Congress to take meaningful action.

Mr. Speaker, I urge all of my colleagues to support this important piece of legislation and stand with America's small businesses.

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