GOP: Dems' regulations hurt small business

Oct. 13, 2012 at 7:55 AM
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WASHINGTON, Oct. 13 (UPI) -- Mitt Romney will help small businesses by reducing costly regulations created by President Obama, a Republican House candidate who runs a small business says.

Delivering the GOP's weekly media address, Markwayne Mullin said "if we're serious about keeping jobs here and bringing jobs home, we need to stop burdening small businesses with excessive and unnecessary regulations."

Romney "gets it," said Mullin, and supporting small business is a "key plank" of the GOP presidential candidate's platform.

The House gets it too, he added, noting the Republican majority there has approved several proposals "to address excessive regulations that impose unnecessary costs and hurt jobs."

Mullin is running for the congressional seat being vacated by Rep. Dan Boren, D-Okla.

The owner of a plumbing business, Mulllin said more than 40 percent of his revenue goes to complying with government regulations.

Mullin blasted the Democratic-controlled Senate for blocking bills that would ease regulations, particularly one that would require major new rules to be approved by Congress.

He called the bill a "great idea," adding that "our economy doesn't need more meddling."

Administration officials deny that regulations are hurting the economy.

In 2011, Jan Eberly, the assistant Treasury secretary for economic policy, called such allegations "commonly repeated misconceptions."

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