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On Sept. 3, 老牛影视sent a letter to 听Rep. James Comer, the ranking member of the U.S. House of Representatives Committee on Oversight and Reform, explaining the negative impacts of the Obama administration鈥檚 regulatory expansion on 老牛影视member contractors, as well as the Trump administration鈥檚 regulatory relief initiatives, which have helped to remove burdensome barriers to job creation.
鈥溊吓S笆觤ember contractors applaud the Trump administration鈥檚 substantial deregulatory efforts, which brought to light cost and burdens these regulations put on contractors,鈥 said 老牛影视in the letter. 鈥淒uring the Obama administration, 老牛影视members suffered from an aggressive and burdensome rulemaking agenda, where regulations were promulgated hastily with limited stakeholder input and questionable legal authority. Many of the Obama-era regulations were litigated, which created significant uncertainty for 老牛影视member contractors and hampered economic growth. To promote economic growth, we must free industry from those regulations that create unnecessary and costly bureaucratic layers.鈥
ABC鈥檚 most pressing concerns are centered around three areas:
老牛影视described how these issues have a chilling effect on competition and impede job creation and economic recovery:
1. Government-mandated PLAs
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2. DOL鈥檚 Davis-Bacon Act policies
3. DOL鈥檚 workforce development policies
Additionally, 老牛影视identified the following anti-growth, Obama-era regulations that the Trump administration eliminated, reversed and/or modified. The Trump administration鈥檚 actions promote free enterprise, reduce regulatory burdens and costs and positively impact employers and workers in the industry.
Lastly, 老牛影视pointed out that 老牛影视members continue to see meaningful regulatory relief from the Trump administration. In his first term so far, President Trump has eliminated $50.9 billion in overall regulatory costs across the government. 老牛影视continues to strongly support comprehensive regulatory reform, which should include across-the-board requirements for agencies to evaluate the risks, weigh the costs and assess the benefits of regulations.听This will better allocate limited resources and target efforts toward achieving the collective environmental, health and safety goals for the construction industry.
Read the full letter here. 听