Tipton calls for regulatory relief
Kelly Sloan, The Business Times
U.S. Rep. Scott Tipton said he’s working to relieve what he called “regulation strangulation” choking business and job growth.
“We need to push to protect private sector job growth,” said Tipton. That includes efforts to “stop moving the regulatory bar” to provide small businesses with “reassurance and stability.”
Tipton, a Republican representing Colorado’s 3rd District, held a town hall meeting as well as a roundtable discussion with local business leaders in Grand Junction.
At the town hall meeting, Tipton fielded questions covering a range of topics, from the recently ended federal government shutdown to the troubled rollout of the federal health care law to immigration reform. Tipton also talked about what he called excess government regulations on business.
Tipton also met with about 20 local business leaders from various industry sectors at a roundtable meeting at the Grand Junction Area Chamber of Commerce. Many of the topics were the same as those raised at the town hall meeting, including the Affordable Care Act. Concerns were voiced regarding increased costs to businesses and individuals and glitches with Internet websites offering information and enrolling participants.
The effects of the 16-day federal government shutdown on businesses also was discussed. While some at the meeting said they wished congressional Republicans would have held out longer for changes in the health care law and debt ceiling, others said the shutdown hurt business. One financial services executive said the shutdown affected small business lending.
The majority of the discussion at the roundtable meeting focused on regulation. Many of the business leaders said they aren’t expanding operations because of regulatory uncertainty,
Tipton said he supports legislation to address regulatory uncertainty and concerns. That includes a measure that would require all executive regulations that impose an economic impact of more than $50 million be approved by Congress prior to enactment and also require a periodic review of all regulation, similar to the sunset provisions in Colorado state laws.
Tipton said he hopes to help the Western Colorado economy with passage of his Planning For America’s Energy Future Act, which would require “the responsible development of America’s federally owned resources.”