One of Sen. Dan Sullivan\u2019s signature initiatives, the Regulations Endanger Democracy (RED) Tape Act, has been the topic of good discussion in the Empire recently, and I wanted to add some background so that Alaskans know just what the legislation does. <\/p>\n
The idea behind the RED Tape Act is simple: It dictates that any agency wanting to issue a new regulation or amend an existing regulation that would create a financial or administrative burden must sunset one or more existing regulations. To put some teeth in the law, the RED Tape Act would withhold cost of living adjustments from any agency refusing to comply with the one-in-one-out rule.<\/p>\n
Cutting burdensome regulations is one of Sen. Sullivan\u2019s top priorities. According to the Small Business Administration, regulatory enforcement and compliance costs roughly $2 trillion per year. That\u2019s equal to about $15,000 for each American household.<\/p>\n
If U.S. regulations were a country, they would be the world\u2019s 10th largest economy, ranking behind Russia and ahead of India. The Senator believes it is absolutely essential that we get the country\u2019s stagnant economy moving again, giving hope to small businesses and hard-working Alaskans.<\/p>\n
The issues of growth and opportunity transcend partisan politics. Even President Barack Obama mentioned cutting regulations in his State of the Union Address. Sen. Sullivan is happy to work with any member of Congress, as well as with the president, to strengthen our private sector and grow the economy.<\/p>\n
Mike Anderson<\/strong><\/p>\n Press secretary to U.S. Sen. Dan Sullivan<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" One of Sen. Dan Sullivan\u2019s signature initiatives, the Regulations Endanger Democracy (RED) Tape Act, has been the topic of good discussion in the Empire recently, and I wanted to add some background so that Alaskans know just what the legislation does. The idea behind the RED Tape Act is simple: It dictates that any agency […]<\/p>\n","protected":false},"author":107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_stopmodifiedupdate":false,"_modified_date":"","wds_primary_category":14,"footnotes":""},"categories":[14],"tags":[],"yst_prominent_words":[],"class_list":["post-14975","post","type-post","status-publish","format-standard","hentry","category-letters"],"_links":{"self":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/14975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/comments?post=14975"}],"version-history":[{"count":0,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/posts\/14975\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/media?parent=14975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/categories?post=14975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/tags?post=14975"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.juneauempire.com\/wp-json\/wp\/v2\/yst_prominent_words?post=14975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}