PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

The Small Business and Entrepreneurship Council Announces New Initiative on Regulations

By at 14 January, 2014, 10:12 am

‘The Center for Regulatory Solutions’ Launches Today

Matt.Dempsey@centerforregulatorysolutions.org  – 202-346-8815 

WASHINGTON, D.C.  Today, the Small Business and Entrepreneurship Council (SBE Council) launched a new initiative, the Center for Regulatory Solutions (CRS), to make the regulatory process more open and transparent, and help increase public awareness of how burdensome federal rules are harming small businesses, job creation, economic growth, and competitiveness.

Regulators must fully open the rulemaking process, and act upon the concerns of small business owners.

Regulators must fully open the rulemaking process, and act upon the concerns of small business owners.

“We are pleased to announce this new initiative to bring much-needed sanity and common sense to the regulatory process,” said SBE Council President and CEO Karen Kerrigan. “The mission of the Center for Regulatory Solutions is to make the regulatory process more open and transparent to ensure that regulators listen and respond to the concerns of small business ownersWe will also highlight rules and mandates thatcontinueto exert a drag on the economic recovery and undermine the competitiveness of America’s most innovative entrepreneurs.  

“And most important, we want to provide constructive input to policymakers so that our regulatory system no longer acts as a barrier to starting, managing and growing an American enterprise.”

CRS will not only educate the public about the regulatory process and specific rules that threaten growth and job creation, but it will also hold federal agencies accountable when they overreach and fail to abide by the rule of law.   It will seek to stop such abusive bureaucratic practices as “sue and settle,” and end the pervasive culture of favoring certain special interests at the expense of small business owners.

With this in mind, the CRS will play a constructive role in offering policymakers common-sense reforms and improvements to the regulatory process, so that it serves not just Washington insiders, but all Americans who have to live with the consequences of over-regulation.

The American public, many of whom experience over-regulation as small business owners, are clearly fed up with the regulatory status quo.  According to a recent poll conducted for the CRS:  

• Three-in-four Americans (74%) believe it should be a priority for policymakers in Washington to address “how government regulates businesses.”  

• Three-in-five (61%) say that government regulations on businesses are more likely to harm the economy by interfering with the free market, preventing businesses from growing and hiring new employees, and increasing prices for consumers,” while just one-in-three (33%) think that these regulations “help the economy by ensuring fair competition for all businesses, protecting consumers and the environment, and punishing irresponsible companies.”

• An overwhelming 84% believe that there are too many special interests involved in shaping government regulations.

•  On this, all parties agree – 84% of Democrats are joined by 85% of Independents and 88% of Republicans.

• Sixty-eight percent believe that regulations are being created by “out-of-touch” people, and 64 percent say these rules “do not consider their real-world impact.”  Sixty-four percent say they have no voice in how government regulates business and the economy.

As part of this initiative CRS has launched a website, as well as a YouTube channel, Twitter handle and Facebook page to keep the public informed about the project’s efforts.

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.  For more information, please visit www.sbecouncil.org.   

 

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