In Limbo
Entrepreneurs have yet to feel any small-business regulatory relief.
Nearly two years after the passage of the Small Business
Regulatory Enforcement Fairness Act (SBREFA), small-business groups
are restless. The law was supposed to open a new era of federal
friendliness toward entrepreneurs. And while it's premature to
call the law a bust, SBREFA's shortcomings are becoming readily
apparent.
At various hearings last year, small-business groups revealed
their complaints. "I see the same amount of effort made on
[small-business regulatory enforcement] following the law's
passage that we saw before: very little effort indeed," says
Todd McCracken, president of National Small Business United (NSBU),
a bipartisan small-business advocacy organization. McCracken spoke
before the House Small Business Committee in July.
Stephen Barlas is a freelance business reporter who covers
the Washington beat for 15 magazines.
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