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.
Overly complex and costly federal regulations are holding America’s economy back, throttling business investment and slowing job growth. In fact, more than half of Business Roundtable CEOs say that pending regulations will negatively affect their hiring and capital spending in the short term. In the long term, almost two-thirds believe they will be negatively affected.
Business Roundtable supports legislative and administrative actions that would make the federal regulatory process more transparent and open to public engagement, improve the quality of information used in the rulemaking process, require more objective cost-benefit analysis, extend that requirement to so-called independent agencies, and modernize the federal permitting process.
Making the federal regulatory system more efficient and effective will reduce the economic burden of regulation while protecting health, safety and environmental quality.
Recent Activities in Smart Regulation
Today’s increase in the unemployment rate underscores the need for dramatic action to break down barriers to job creation.
Business Roundtable welcomes today’s House Energy and Commerce Committee hearing to examine the impact of the major rules issued by the Department of Health and Human Services under the Patient Protection and Affordable Care Act (PPACA).
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 welcomes the House Republican ‘Plan for America’s Job Creators: Empowering Families, Small Businesses and Entrepreneurs.’
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.