ABSTRACT

S. Hrg. 115-294: Breaking Through the Regulatory Barrier: What Red Tape Means for the Innovation Economy, Hearing Before the Joint Economic Committee, Congress of the United States, One Hundred Fifteenth Congress, Second Session, May 22, 2018   [open pdf - 2MB]

This is the May 22, 2018 hearing on "Breaking Through the Regulatory Barrier: What Red Tape Means for the Innovation Economy," held before the Joint Economic Committee, Congress of the United States. From the opening statement of Erik Paulsen: "America's tradition of invention has been at the heart of our economic strength. As lawmakers, we must recognize that the only way forward is to place our trust in the American people and to get out of the way. The private sector knows all too well how needless red tape imposes costs on businesses, increases prices for consumers, and reduces consumer choice. For innovation, however, the impact can be worse. In Washington, regulators can put an idea to death before it is ever even tried, foreclosing a future of opportunity and progress. We should know better. Americans enjoy a better quality of life today than decades ago, thanks to technological innovation. U.S. leadership in the world has been based largely on technological prowess, and for it to continue, our regulations must foster innovation rather than inhibit it." Statements, letters, and materials submitted for the record include those of the following: Scott W. Brinkman, Joseph Kennedy, Christopher Koopman, and Jessica Milano.

Report Number:
S. Hrg. 115-294; Senate Hearing 115-294
Publisher:
Date:
2018
Copyright:
Public Domain
Retrieved From:
Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
Help with citations