Ahead of a vote by the U.S. House of Representatives on the Regulatory Accountability Act, Brad Dean, president and CEO of the Myrtle Beach Area Chamber of Commerce, issued the following statement:

"Our country's antiquated regulatory process is long overdue for an overhaul, and this piece of legislation is a good first step in improving that process. Too often, federal regulatory oversight has exceeded the intent of Congress and failed the common sense test, thereby distorting economic reality and punishing small businesses. This bill would hold government agencies accountable for compliance with Congressional mandates, provide for on-the-record administrative hearings and require government agencies to choose the least costly option except in situations where the most expensive alternative would positively impact public health, safety or welfare. We thank Rep. Mick Mulvaney for co-authoring this bill and Rep. Tom Rice for co-sponsoring it, and implore the House to pass this bill today. This is a good first step toward restoring economic prosperity and creating more jobs."