October 31, 2014

October 31, 2014

Many American families across the country face burdensome hurdles everyday when it comes to getting food on the table, making healthcare decisions for the family and looking for a good paying job. The Administration continues to place challenging regulations on businesses, making it harder for you and your family to keep money in your own back pocket. It comes as no surprise that our nation is currently in the worst economic recovery since WWII.

 Although the unemployment percentage has decreased, it does not mean more Americans are finding jobs. The number of Americans considered under long-term unemployment (those with no work for 27 weeks or more) has increased by 15 percent from 2.6 million in January 2009 to nearly 3 million in August 2014. The high unemployment numbers continuing for this extended period of time will lead to a larger pool of Americans out of work. From 2009 to 2013, the median annual household income has fallen by more than $2,100 and coupled with high unemployment puts pressure on those who struggle to pay their bills.

When choosing between groceries and proper healthcare becomes a weekly budgetary decision, quality of life suffers. According to a Pew Research survey, 56 percent of Americans believe their family’s incomes are falling behind the cost of living.

While many believe raising the minimum wage will solve the problems we face as a nation in a recession, those people fail to understand the impacts those regulations will have on businesses.  Currently, our nation should focus on giving businesses reasons to hire more people, not discourage growth. The Administration pledged to rein in red tape, yet in the first five years, 157 major federal regulations were issued, which totals more than 2.5 times the amount issued during the first five years of any previous Administration.

The House has passed many solutions to this problem like the REINS Act, which would reshape federal regulatory policy by mandating every new rule must be approved by an up-or-down vote in both the Senate and the House. Congress must review and streamline excessive regulations and rein in the power we recklessly give to branches of the government to help American businesses stay and hire hardworking people around the country.

 My colleagues and I work every day to ensure better policy comes out of Washington. Small businesses are the back bone of the American economy and should not have to worry about burdensome regulations hindering their successes.  We must reform current overregulation and spending to promote businesses and get Americans back to work.

Are you and your family facing the same struggle? I want to hear from you on how we can make Washington work better for all Americans. Call my office at 202-225-6265 or send me an email at repbob.gibbs@mail.house.gov.