Responding to a request from the Senate Homeland Security and Governmental Affairs Committee, Business Roundtable identifies regulations that have an impact on U.S. business and expresses concerns about the federal regulatory process.
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.
Last updated August 16, 2016
Recent Activities in Smart Regulation
Business Roundtable has long emphasized the need to carefully weigh the impact of new regulations on economic growth and job creation.
Washington – BRT President John Engler made the following statement today on President Obama’s fiscal year 2016 budget request to Congress: "America’s business leaders encourage the Administration to work with congressional leaders to find common ground on pro-growth tax policies."
BRT CEOs support passage of the bipartisan Federal Permitting Improvement Act of 2015, S. 280 – introduced by Senators Portman and McCaskill – a bill that would address the current complex federal permitting process.
We are writing to express opposition to using Title II of the 1934 Communications Act as the principal basis for FCC action to maintain an open Internet .