Congress Scrutinizes Regulations, Impact on Manufacturing Jobs

By February 7, 2011General, Regulations

The Washington Post reports on Republicans have targeted regulations and Chairman Darrell Issa of the House Oversight and Investigations Committee has gathered input from business groups about the effect of overregulation on the economy and job creation. Reporters obtained documents. No, really. Actually obtained documents and read them for purposes of reporting the story, “GOP eyes rules that firms say hurt jobs.”

The Associated Press reports the same basic story today, “Republicans out front of Obama on regulations.” Among the groups cited are the Aircraft Owners and Pilots Association, the American Beverage Association, the American Chemistry Council, and the National Credit Union Administration.

Here is the National Association of Manufacturers’ letter to Chairman Issa detailing which regulations will have the most detrimental effect on employers and the economy.

As noted below:

NAM President Jay Timmons testifies Thursday at a House Oversight Committee hearing on regulatory impediments to job creation. Also Thursday, NAM Board Member Richard Gimmel, president of Atlas Machine & Supply, testifies before a House Judiciary subcommittee hearing, “Regulatory Flexibility Improvements Act of 2011” – Unleashing Small Businesses to Create Jobs.”

Atlas Machine & Supply is an excellent choice to provide the perspective of a manufacturer affected by regulations. Consumers will be unfamiliar with its products, but the Louisville-based company is right in the middle of the industrial economy. From the company’s website.

Atlas Machine and Supply designs, repairs, and remanufactures complex equipment and components for industry and municipalities. Atlas also is a leading supplier of industrial air compressors, pumps, and related products and services.

Our customers are steel mills, aluminum mills, automotive suppliers, paper mill industry, crushed stone industry, waste water treatment facilities, utility plants, and other manufacturers that provide products and services in the United States and throughout the world.

UPDATE (10:25 a.m.): From Politico’s Playbook: “ONLINE BY 11 A.M.: Chairman Issa is posting the 100+ responses he received to his inquiries to businesses, trade associations and think tanks about regulatory barriers to job creation: ‘Issa sees this as an opportunity to make this effort inclusive and complementary to the President’s.'”

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