Federal agencies impose thousands of new regulations every year without any legislative authority or oversight. Inefficient and burdensome regulations cost American business millions of dollars each year, stifling job growth and expansion. Congress must put unelected bureaucracies on notice that over-reaching and un-justified rulemakings can bring irreparable harm to the American economy and will not be tolerated in the future.

Ronald Reagan understood the importance of regulatory reform. In his first inaugural speech on January 20, 1981, he eloquently stated, "Government is not a solution to our problem, government is the problem." Increased accountability will lead to more efficient practices in government agencies and fewer wasted resources for the American family.