Smart Regulation | Page 6 | 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.

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.

Major Regulations of Concern

Last updated August 16, 2016

Recent Activities in Smart Regulation

July 30, 2013
Letter

On behalf of the CEO members of Business Roundtable, I write to express our support for your bill, the Federal Permitting Process Improvement Act of 2013.

July 12, 2013
News Release

Read the Op-Ed in the Minneapolis Star Tribune

By Omar Ishrak
Chairman and CEO, Medtronic Inc. and member of the Business Roundtable

In Minnesota this week, the chairmen of the powerful congressional tax-writing committees, Sen. Max Baucus and Rep. Dave Camp, launched their national tour to promote comprehensive tax reform. Minnesota businesses and residents should applaud this initiative, because the time for tax reform is long overdue.

July 11, 2013
News Release

H.R. 2122 would implement the key recommendations of Achieving Smarter Regulation.

July 11, 2013
Letter

Business Roundtable is pleased to have this opportunity to support H.R. 2122, the Regulatory Accountability Act of 2013.

July 11, 2013
Media Resource

Smart regulation is integral to protecting the economy and the American workforce. A smarter regulatory process would provide broad societal value, inspire business confidence and accelerate investment. At present, however, U.S. businesses, both small and large, are increasingly burdened by the cumulative impact of regulations issued under the current process. While each of these rules was well-intentioned, their collective effect has begun to hobble the U.S. economy:

Pages

Committee Spotlight

A smarter regulatory system and a modernized federal permitting process will help drive increased business investment, economic growth and job creation.

CEO Economic Outlook

Q4 2016 Survey

The CEO Economic Outlook Survey provides a forward-looking view of the economy by Business Roundtable member CEOs. The index is a composite of CEO projections for sales and plans for capital spending and hiring over the next six months.

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