Decreasing Small Business burdens act. This bill is about jobs and it is about Economic Growth. And it is about jobs on main street. Make no mistake about it. Essentially the same legislative package passed the house last fall by a bipartisan vote of 320102. If i may, i want to talk about title 8 of this legislation, which passed the house last april by voice vote and it contains language from a bill i introduced in the last congress h. R. 4167, the restoring proven financing for american employers act. I worked closely with my colleagues across the aisle to craft sound commonsense language to clarify the volcker rule regarding the treatment of collateralized loan obligations. Lets talk about the volcker rule and what it does. As currently structured this rule will substantially disrupt the market from c. L. O. s, a vital source of capital for companies that cannot access the Corporate Bond market. There ares two negative impacts of this rule. It will have a serious negative impact on
You have two important issues. One, this zint number of laws that are on the books. Good or bad. And secondly the overcriminalisation of minor infractions. People dont know and our Community Responded and we asked the question. Its summarised here. I had to say that like that. He had no idea that there were so many lawyers. Talking about the effects he talks about criminalisation, and the cost is another theme, the human and financial cost of the legislation. Are you surprised at how easy it is to break the law and not know it . Im not surprised. The public and politicians are going tough. A lot of the laws, theres vague and overbroad. Ignorance of the law is not a defense, and i can see that playing out. Talk about intense. Would you know if you broke the law, probably not. Theres a list of laws and regulations that the government monitoring. There are at least an estimated 4500 criminal statutes on the books today, up from 165 in 1900. But as many as 300,000 criminally enforceable re
Feedback during the show. You have two important issues. One, this zint number of laws that are on the books. Good or bad. And secondly the overcriminalisation of minor infractions. People dont know and our Community Responded and we asked the question. Its summarised here. I had to say that like that. He had no idea that there were so many lawyers. Talking about the effects he talks about criminalisation, and the cost is another theme, the human and financial cost of the legislation. Are you surprised at how easy it is to break the law and not know it . Im not surprised. The public and politicians are going tough. A lot of the laws, theres vague and overbroad. Ignorance of the law is not a defense, and i can see that playing out. Talk about intense. Would you know if you broke the law, probably not. Theres a list of laws and regulations that the Government Agency has a hard time monitoring. There are at least an estimated 4500 criminal statutes on the books today, up from 165 in 1900.
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