House Majority Chief Deputy Whip Peter Roskam, a Wheaton, IL Republican who represents the state’s 6th Congressional District, recently toured suburban Chicago businesses and later highlighted their plights before members of the local media.
At Chicago White Metal Casting in Bensenville, President and CEO Eric Treiber told the congressman the 240-person company has an employee who dedicates more than half of his time to complying with government regulations.
Regarding proposed new federal regulations, Treiber said, “It’s a challenge to remaining competitive and profitable. It means trouble for new jobs, and we’re not going to be able to invest in new equipment or new training.”
At a breakfast with the Greater Elgin-O’Hare Association of area businesses, Roskam described the federal government’s interactions with the economy on three broad levels: legislation, spending, and regulation.
“The final area is on the regulatory side, where new regulations can be unnecessary job killers,” Roskam said.
“Everyone is looking for remedies, solutions to create more growth. We’ve got to grow the economy, not just cut government. We can do this.”