according to a recent report from pepperdine university. this same report found 50% of small business owners said their growth opportunities are restricted by the current business financing environment. as a small business owner in my hometown of dallas wrote me recently, we have seen waive after waive of -- wave after wave of federal regulations affecting our ability to grow. another small business owner in the fifth district, summed up the economic harm caused by washington's regulatory burden this way, quote, no one can keep up, he said. in order for the economy to grow for small businesses to create jobs that americans need, we have to remove unnecessary regulations that tie up private capital, cause economic uncertainty, we must put in their place policies that encourage investment, innovation, and entrepreneurial spirit that makes america a beacon of opportunity for all. again, mr. speaker, we have a bipartisan bill before us. having passed 47-12, 80% of our committee having approved. it is a modest but important step in the right dir