"Concern about regulation is soaring among executives, with Deloitte reporting that new, burdensome regulation is the No. 2 threat to businesses, trailing only recession."
"In a recent survey by the National Federation of Independent Business, small companies stated that unreasonable government regulations are their second-biggest threat after health care costs."
"CEOs surveyed by the Business Roundtable mentioned regulation as the top cost pressure for their companies, marking a significant concern for business growth."
"Hillary Clinton and Donald Trump have both used red tape as a key topic in their presidential campaigns, each presenting different approaches to address the issue."
Red tape, or burdensome government regulation, is increasingly recognized as a pressing threat to business growth, with executives voicing concerns more than ever. A Deloitte survey revealed that North American CFOs rank regulation as the second greatest threat, following recession. Small business owners echoed this in a survey by the National Federation of Independent Business, identifying "unreasonable government regulations" as a significant challenge after healthcare costs. The topic is a focal point in the presidential campaign, with candidates Clinton proposing streamlined processes and Trump advocating for regulation rollbacks.
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