Smart Regulation | Page 15 | Business Roundtable

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What is Business Roundtable

Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.

More Than Leaders. Leadership.

Business Roundtable is an association of chief executive officers of leading U.S. companies working to promote a thriving economy and expanded opportunity for all Americans through sound public policy.

About BRT

Nearly three-quarters of Business Roundtable CEOs list regulations as one of the top three cost pressures facing their businesses. In a recent survey, 82 percent of Business Roundtable members said that they find the U.S. regulatory system more burdensome than that of other developed countries. Fifty-six percent believe pending regulations will negatively affect their hiring and capital spending over the next two years. And 68 percent indicate that if existing regulatory costs were reduced by 20 percent, the money saved would be invested in increased research and development. These findings are alarming if we want a healthy, growing U.S. economy that provides economic opportunities for all.

Business Roundtable CEOs are not against regulation; rather they are strong advocates for a smarter regulatory system with greater clarity regarding the costs, benefits and cumulative burdens placed on America’s job creators. Regulations must be developed based on the best available science, the application of rigorous cost-benefit analysis, the establishment of realistic timetables and careful consideration of the burdens placed on business.

Business Roundtable CEOs believe that a smarter regulatory system and a modernized federal permitting process will help drive increased business investment, economic growth and job creation.

Top Regulations of Concern

Statement on the President’s Initial Regulatory Review

Business Roundtable is encouraged by steps the Administration has taken on President Obama’s plan to create a 21st-century regulatory system and welcomes the planned elimination of several existing rules that have imposed excessive costs, delays and paperwork burdens on businesses.

Business Roundtable Statement on the Republican “Plan for America’s Job Creators”

Business Roundtable welcomes the House Republican ‘Plan for America’s Job Creators: Empowering Families, Small Businesses and Entrepreneurs.’

Business Roundtable Calls on EPA to Modify Boiler Emissions Regulations, Preserve U.S. Competitiveness and Economic Growth

Business Roundtable, an association of CEOs of leading U.S. companies, today strongly urged the U.S. Environmental Protection Agency (EPA) to reexamine the newly promulgated standard – and the maximum achievable control technology (MACT) required to meet that standard – for air emissions from industrial, commercial and institutional boilers.

Business Roundtable Calls on Obama Administration, EPA to Abandon Efforts to Regulate GHGs

Business Roundtable, an association of CEOs of leading U.S. companies, today strongly urged the Obama Administration and the Environmental Protection Agency (EPA) to abandon their efforts to regulate greenhouse gas (GHG) emissions from stationary sources under the Clean Air Act in order to give Congress the time it needs to develop an appropriate legislative solution that will address the risk of climate change while preserving U.S. economic growth and international competitiveness.

Business Roundtable Statement on Political Donation Disclosure Executive Order

Business Roundtable strongly urges the President to reconsider his draft executive order on political donation disclosure. This order is yet another example of regulatory over-reach and redundancy that will add unnecessary cost and paperwork to business operations at the expense of workers and our economy.

Letter from Andrew Liveris to President Obama on Regulatory Reform

Addressing the multitude of new and existing regulatory requirements burdening America’s job creating businesses is one of Business Roundtable’s most important objectives.

Toward Smarter Regulation

America is experiencing a dramatic increase in government regulation, with the most significant growth in the environmental, health, and safety areas.

EPA Fact Sheet: Improving Our Regulations Through Periodic Retrospective Review

The U.S. Environmental Protection Agency (EPA) is beginning a new periodic retrospective review of our existing significant regulations, to determine whether any such regulations should be modified, streamlined, expanded, or repealed, so as to make the Agency’s regulatory program more effective or less burdensome in achieving the regulatory objectives.

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Committee Priorities

Business Roundtable conducted a survey of its members to identify regulations that are of most concern across all our business sectors. The majority of these regulations directly and negatively impact economic growth.

Read More
Business Roundtable supports a smarter, more modern approach to regulation that meets regulatory goals while also promoting innovation, economic growth and job creation. Read More
There is widespread, bipartisan agreement – from the President’s Jobs Council to the building trades unions – that improving the federal permitting process will help unlock investment, leading to economic growth and job creation. Read More