Press Release

Testimony on Regulatory Burdens and Economic Growth

In testimony before House of Representatives Committee on the Budget, AAF President Douglas Holtz-Eakin discusses the harmful impacts of excessive regulatory costs on economic growth.

His key points:

  • The United States is in need of faster long-term economic growth;
  • The burden of federal regulations has risen over time and is currently growing at an alarming rate;
  • Excessive regulation is a headwind to long-run growth and exacerbates the near-term inflation pressures; and
  • There are several strategies Congress could pursue to control the growth of regulatory costs.

Watch the Hearing

Read the Testimony