WASHINGTON, DC - Commerce, Manufacturing, and Trade Subcommittee Chairman Michael C. Burgess, M.D. (R-TX) today welcomed action by the Consumer Product Safety Commission to reduce regulatory compliance costs for manufacturers. Earlier this month, the subcommittee held a hearing to understand how the CPSC is impacting consumers and industry. In approving their operating plan this afternoon, the commission did away with a rule estimated to cost America’s importers and manufacturers nearly $250 million annually.
“Any time we can reduce red tape and support American manufacturing, I chalk that up as a win," said Burgess. “The Consumer Product Safety Commission today took meaningful action to ease regulatory burdens and encourage innovation and job creation in our nation’s manufacturing and importing sectors. This action only strengthens the commission’s safety mission by redirecting resources to better uses."
He continued, “With an economy still on shaky ground, it is important that we work at all levels of government to create an environment for sustainable growth. The CPSC’s vote today is another step toward renewing American leadership in our global economy." Related Items
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