“U.S. Chamber of Commerce President Tom Donohue declared war Tuesday on the “vast regulatory state” with a new effort to curb the flow of rules from federal agencies.
“Donohue said the business lobby would pursue legislation and litigation to stem the “unprecedented” growth of red tape under President Obama.
“’We at the Chamber are going to use every resource at our disposal to stem this unprecedented flow of regulations,’ Donohue said during a speech at the group’s headquarters. ‘We must lift the veil of uncertainty hanging over every business and investor if we want to revive our economy.’
“Business groups and congressional Republicans have sharply criticized Obama’s regulatory policies, saying a flood of agency rules has slowed the nation’s recovery from the 2008 economic crisis.”
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