Modernizing Regulation
Business Roundtable supports policies that will increase the efficiency and effectiveness of the federal regulatory system while protecting health, safety and environmental quality.
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Leaders in the business and policy communities have grown increasingly concerned about the adverse economic impacts associated with excessive regulation in general and a burdensome permitting process in particular. The CEOs of Business Roundtable believe that it is time to simplify, streamline and accelerate America’s permitting process, particularly as it relates to energy infrastructure projects, with the goal of encouraging large-scale capital investments in the U.S. economy while maintaining the nation’s commitments to health, safety and soundness.
Overly burdensome regulations directly and negatively impact economic growth.
While some regulations in isolation may not appear significant to growth, their cumulative effect has drained resources from innovation and job creation.
Fundamental regulatory process reforms are key to ensuring long-term success. The key distinction is not more versus less regulation but effective versus ineffective regulation.