S. 973, also known as the "LIBERATE Act," proposes the creation of the Regulatory Oversight and Review Task Force, aiming to evaluate and suggest changes to federal regulations that may hinder competition, create barriers for businesses, or increase operating costs. The task...
Simple Explanation
S. 973, called the "LIBERATE Act," is a plan to create a special team to look at rules that might make it harder for businesses to do well, and they will tell Congress if any rules should be changed or removed. This team will have both government and regular people in it, and they'll use some existing resources to do their work without any new money.