MSCI Signs Letter Asking Federal Lawmakers To Ease Small Business Regulatory Costs
According to the National Association of Manufacturers (NAM), the cost of federal regulations often fall heaviest on small manufacturers, who have to pay $34,671 per employee in compliance costs, or three times more than other small businesses. That’s why the Metals Service Center Institute (MSCI) recently joined it colleagues in sending a letter to lawmakers in the U.S. House and Senate asking them to approve the Small Business Regulatory Flexibility Improvements Act (H.R. 33 and S. 584), which would ensure that federal agencies consider the impact of their rules on small businesses.
The letter argued that the legislation will ensure that federal agencies “issue smarter regulations that minimize inefficiencies and unnecessary burdens while still protecting public health, worker safety and the environment.”
More than 150 organizations signed the letter.