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‘The Regulated State of the Union’ – New Report by The Center for Regulatory Solutions

Link to CRS’s report, ‘The Regulated State of the Union

“In his ‘State of the Union’ address, President Obama should speak to the public’s concerns about the costs and burdens of overregulation, which prevent small businesses and entrepreneurs from creating new jobs, accessing capital, innovating, and competing in the global marketplace.” – CRS Report

WASHINGTON, D.C. – Ahead of President Obama’s State of the Union address, the Center for Regulatory Solutions (CRS), a project of the Small Business and Entrepreneurship Council, released a new report, The Regulated State of the Union,” that recommends specific actions to remove the burden of overregulation on small businesses and entrepreneurial firms and strengthen the environment for growth and investment.  These actions will ensure that these firms can innovate, access and raise capital, and create jobs in 2014.

“Today the Center for Regulatory Solutions is releasing a new report that calls on President Obama to work with Congress to increase transparency and accountability in the regulatory process,” said Karen Kerrigan, President and CEO of the Small Business and Entrepreneurship Council. “We want the President not just listen to concerns from small business owners, but to take concrete steps to alleviate the burden of overregulation, which is stifling innovation and raising unnecessary costs that destroy jobs.   

“From our own survey research, we know that an overwhelming majority of Americans think regulations are hurting the competitive advantage of America’s small businesses, and they want policymakers to put regulatory reform at the top of their agenda.” 

The CRS report includes polling results showing:

Specific actions President Obama can support to improve transparency and accountability, as well as strengthen economic growth and investment and create jobs include:

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About CRS

CRS is a new initiative by the Small Business and Entrepreneurship Council (SBE Council) launched this month which aims to make the regulatory process more open and transparent as well as help increase public awareness of how burdensome federal rules are harming small businesses, job creation, economic growth, and competitiveness.

About Small Business Entrepreneurship Council

SBE Council is an advocacy, research, training and networking organization dedicated to protecting small businesses and promoting entrepreneurship.  For twenty years, SBE Council has worked to educate elected officials, policymakers, business leaders and the public about policy approaches that enable business start-up and growth.