Smart Regulation | Page 7 | 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.

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

Business Roundtable Hires Elizabeth Gasster as Vice President of Information & Technology and Regulatory Reform

For BRT, Gasster will oversee a variety of policy and regulatory initiatives as they relate to cyber security and the Internet, permitting, energy production, health care coverage, labor, transportation and transparency, among other issues.

OMB Comment Request on Employment Effects of Regulation

First, in our view, there should be little doubt “that certain kinds of regulations can have adverse effects on job creation,” and we agree that “job creation is an important consideration in regulatory review.”

A regulation, energy and uncertainty roundup

Nationally syndicated columnist Deroy Murdock writes, "Federal regulators are keeping America from moving forward." Right.

Letter Regarding Business Roundtable Priority Regulations

BRT members have identified the costs and uncertainty associated with increasing federal regulation as a key barrier standing in the way of greater jobs creation.

The competitive realities of regulation

Speaking to an American Bar Association group the other day, Business Roundtable President John Engler discussed BRT's proposals to reform the federal regulatory and permitting processes.

BRT President Says Cumulative Effects of Regulation Pose Expensive Challenge for Business Investment and U.S. Economic Growth

Business Roundtable (BRT) President John Engler told an American Bar Association (ABA) gathering today that America's CEOs are increasingly concerned about the cumulative effects of federal regulations that discourage business investment, slow job creation and harm economic growth. Pragmatic reforms that BRT has offered to the Obama Administration and Congress would bring balance and efficiency to the regulatory process to meet regulatory goals without unduly burdening business.

Remarks by John Engler at ABA Administrative Law and Regulatory Practice Institute

This afternoon, I want to highlight the private sector's views on federal regulation by sharing the perspectives of the more than CEOs who comprise the Business Roundtable….and it’s no surprise, their companies are highly regulated.

Remarks by John Engler at ABA Administrative Law and Regulatory Practice Institute

This afternoon, I want to highlight the private sector's views on federal regulation by sharing the perspectives of the more than CEOs who comprise the Business Roundtable….and it’s no surprise, their companies are highly regulated.

Regulations: Jobs-killing AND jobs-preventing

Washington Post columnist Ruth Marcus took issue this week with arguments that regulatory excess can be "jobs-killing." But don't delays have consequences?

America’s CEOs Detail Comprehensive Reforms to Expedite Federal Permits, Put America Back to Work

Business Roundtable today urged the Obama Administration and Congress to act swiftly on comprehensive reforms to streamline the federal permitting process, expedite the permitting of major projects and put Americans back to work.

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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