Using Cost-Benefit Analysis To Craft Smart Regulation | Business Roundtable

Contact

  • General Inquiries
    202.872.1260
    info@brt.org
  • Mailing Address
    300 New Jersey Avenue, NW
    Suite 800
    Washington, D.C. 20001
  • Media Contact
    Betsy Andres Stewart
    Senior Director
    bstewart@brt.org

Membership Contact
LeAnne Redick Wilson
Senior Vice President
​lwilson@brt.org

    

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.

Federal regulation has a profound effect on U.S. businesses. Business Roundtable CEOs recognize that some regulations are essential and help ensure that the products we consume are safe; the environment in which we live is adequately protected; and the marketplaces in which our businesses operate are fair, open and competitive. However, regulations also impose significant costs on both businesses and consumers and can reduce employment and depress growth. It is therefore imperative that federal agencies carefully consider the positive and negative impacts of proposed rules.

Cost-benefit analysis is the best available tool to evaluate these tradeoffs. Most federal agencies are required by a series of executive orders and guidance to assess the costs and benefits of proposed regulations when they are expected to significantly affect the economy. Only regulations for which the benefits justify the costs are permitted. These requirements have enjoyed broad bipartisan support across presidential administrations for decades, as they help to ensure that the various tradeoffs inherent in any regulation are described, quantified and evaluated before regulations are finalized.

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.

Continue