HOUSE_OVERSIGHT_012718.txt

The document discusses regulatory issues and the burden they place on businesses, highlighting the need for regulatory relief to stimulate job creation and economic growth. The author mentions President Obama's Executive order "Improving Regulation and Regulatory Review" as a positive step but emphasizes the need for more action from the administration and individual agencies to provide real regulatory relief for job creators. One proposed solution is to strengthen the Unfunded Mandates Relief Act, which requires federal regulators to evaluate the cost of rules and consider alternatives with less cost. The document also mentions that while the current administration has said some of the right things regarding regulations, it has moved in the wrong direction, resulting in a sharp increase in economically significant rules.