|1:46 PM EDT||
Dan Burton, R-IN 6th
Mr. BURTON of Indiana. Mr. Speaker, I thank the gentleman for yielding time.
Let me start off by thanking the gentleman from Massachusetts (Mr. Tierney), the gentleman from California (Mr. Ose) and the gentleman from California (Mr. Waxman) who worked with me to get this piece of legislation to the floor. This is an extremely important piece of legislation because if there is one thing that small businesspeople across the country are very chagrined about, it is the amount of paperwork that they have to deal with on a regular basis. As a matter
of fact, the cost to a small businessperson runs about $7,000 per employee to deal with the paperwork that faces them from the Federal Government. If you have got 20 employees, that is a $140,000 burden that you have to deal with, and it simply is not necessary.
This legislation is designed to streamline that effort to make sure that small businesspeople do not suffer from a tidal wave of paperwork that makes the profitability of their business almost impossible. I think my colleagues have covered this very, very well. The gentleman from California (Mr. Ose) has worked very hard on this. The gentleman from Massachusetts (Mr. Tierney) has as well. I think they have covered all of the provisions of the bill and the problems we had in
getting this bill drafted and to the floor.
I would just like to say that it is high time that we got this job done. If there is one thing that small business and business in America needs, it is a reduction of the amount of paperwork and regulation that they have to deal with on a daily basis with the Federal Government. I believe this is going to save them money, it is going to streamline the effort to comply with government regulations, and it is a giant step in the right direction.
All of the small businesspeople in America that may be watching this right now, you can take heart. We are moving in the right direction. There is a lot more that needs to be done, but this is a great first step.