Fed Update: NAM urges review of burdensome regulations on manufacturers

By CMTA Staff

Capitol Update, May 9, 2014 Share this on FacebookTweet thisEmail this to a friend

Jay Timmons, President and CEO of the National Association of Manufacturers, seized the opportunity to call attention to the regulatory challenges facing manufacturers in the United States at an April 30 Joint Economic Committee hearing. The scope and complexity of regulations have made it harder to do business and compete in an ever-changing global economy, as Timmons underscored in his testimony. While manufacturers believe regulations are important to protecting the environment and public health and safety, it is clear that our regulatory system is in need of considerable improvement and reform.

“New regulations are too often poorly designed and analyzed and ineffectively achieve their benefits,” Timmons said at the hearing, titled “The First Step to Cutting Red Tape: Better Analysis.”

“They are often unnecessarily complex and duplicative of other mandates. Their critical inputs—scientific and other technical data—are sometimes unreliable and fail to account for significant uncertainties,” Timmons continued. “Regulations are allowed to accumulate with no real incentives to evaluate or clean up the past. In addition, regulations many times are one-size-fits-all without the needed sensitivity to their impact on small businesses. We can do better.”

Click here to read more about the hearing on the NAM’s Shopfloor blog.

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