Chairman Bachus, Ranking Member Johnson, and Members of the Subcommittee, thank you for the opportunity to appear today. In this testimony, I wish to make three basic points:

• Regulatory reform at the executive level has a history that stretches back to President Nixon, but leaving regulatory restraint to one branch of government has failed to slow the pace of new rules;
• Executive Order 13,563, issued by President Obama in 2011, continued the tradition of ensuring new regulatory costs justify benefits, but aside from a handful of retrospective reviews, it has not fundamentally addressed the cumulative impact of regulation, and
• The proposed legislation provides a significant set of improvements to the regulatory process while providing flexibility to agencies so that they can continue to protect health and safety.

Click here to read the full testimony.