Congresswoman Jackie Walorski wants to hear how federal regulations have impacted farmers, business owners and manufacturers throughout her district. She’s launching a Get Regulation Out of the Way, or GROW, tour. Walorski cites a report from the American Action Forum that the Obama administration has issued more than 500 major federal regulations. They’ve cots taxpayers almost $2 trillion in compliance. A major regulation is anything expected to have a $100 million annual effect on the economy.
Last week Walorski supported legislation aimed at lessening regulatory costs. The Regulations from the Executive in Need of Scrutiny, or RENIS, Act requires any rule or regulation with an economic impact of $100 million or more to come before Congress for a vote before taking effect.
Stops on next week’s tour include Cooper Standard in Bremen, U.S. Aggregates, Inc. in Francesville and Hoosier Custom Plastics in Knox.
