Striving to Shrink the Red Tape for Companies

The Indiana Chamber hosted Congressman Todd Rokita (4th District) on Monday for the one-year anniversary of the Red Tape Rollback program. Rokita and the Chamber teamed together in the spring of 2011 to strive to identify and do something about unnecessary and overly burdensome federal regulations that kill jobs and negatively impact the economy.

In the initial 12 months, 71 Hoosier companies and individuals contacted the congressman’s office about 41 different regulatory issues. The work of Rokita and his staff has yielded 18 Red Tape Rollback victories thus far, with efforts continuing on other issues.

An annual report outlines the concerns and the accomplishments. It’s not too late for you to let us know about federal regulations and their impact on your business.

In case you’re not convinced there is a problem, consider that the most recent edition of the Code of Federal Regulations consists of more than 101 million words. That compares to just over 4,500 words in the U.S. Constitution.

Federal Regs Got You Down? Let Us Know

The Competitive Enterprise Institute is a Washington, D.C.-based think tank that publishes an informative update titled Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State. While much attention has been paid to the rising deficit, yearly regulatory compliance costs are estimated to be AT LEAST $1.7 TRILLION.

Freshman congressman Todd Rokita (R-4th District) and the Indiana Chamber want to do something about that. In an effort to bring to light the harm that many federal regulations do to Hoosier businesses, a new initiaitive has been launched. "Cutting Red Tape, Creating Hoosier Jobs" is a way for business owners and managers to communicate directly to Rokita on issues critical to their business success.

The congressman offers more details in this letter. The Chamber has established a dedicated web site where you can provide feedback on proposed, pending or existing federal regulations. You can also submit through mail to Cam Carter at the Indiana Chamber or via email to [email protected].  

What kind of regulations are we talking about? The EPA trying to regulate carbon dioxide emissions through the Clean Air Act is a prominent one. But there are thousands of other "red tape" examples, rules that simply provide additional compliance headaches with little or no benefits.

Rokita needs specific cases (with impacts on business operations or new job creation) in his effort to see a return to limited, common sense government.

For those especially interested in regulatory issues, you may wish to join our D.C. Fly-in in September.