UPDATE: Inc. magazine’s Leigh Buchanan reports on Philip’s testimony and his three-step plan for streamlining small business regulation. Read her piece – “When It Comes to Regulations, the Deck Is Stacked Against Small Businesses” – here.
ORIGINAL POST: Small businesses play a vital role in American commerce and culture, but are burdened by dense regulations that have built up over the past five decades. They do not have the time and resources to understand, much less comply with, this thicket of detailed dictates.
Philip Howard testified yesterday before the House Small Business Committee and proposed a new vision for small business regulation: a radically simplified code that focuses on regulatory goals not bureaucratic micromanagement.
See below to watch his testimony – and click here to read his prepared remarks.