NAMA Calls On Congress And Obama Administration For Regulatory Relief

NAMA called on Congress and the Administration to consider a one-year regulatory time-out to help small businesses recover in the current economy. End Quote

(1888PressRelease) November 05, 2010 - Washington DC - Today the National Automatic Merchandising Association (NAMA) called on Congress and the Administration to freeze and re-evaluate new federal regulations that are not directly related to health or safety of the public. The proposal is similar to job creation ideas promoted by former President Ronald Reagan, Governor Mitch Daniels (R-IN), the U.S. Chamber of Commerce and the Heritage Foundation.

Ned Monroe, Sr. Vice President of Government Affairs for NAMA commented that "the waves of new regulations on the horizon are adding to the uncertainty of job creators. In just our small, humble industry our business owners are facing new Americans with Disability Act regulations, new fuel efficiency standards for light trucks, new 1099 reporting requirements, new calorie disclosure regulations and new ENERGY STAR regulations. When our vending operators can't even make payroll, how can they be expected to comply with all these new red-tape bureaucratic regulations."

A one-year regulatory time-out, forbearance, or freeze will provide our small businesses a chance to regroup and recover in the current economy. NAMA calls on President Obama to issue an executive Order to all federal agencies directing them to evaluate the economic impact of implementation and promulgation of new regulations which do not impact the health and safety of the public, and where legal flexibility allows such relief. Congress should pass legislation calling for federal agencies to also freeze and re-evaluate the need, cost, and value of new regulatory rule writing in an effort to create jobs.

Monroe added that "America's small business must have regulatory relief if we are to start creating jobs. Now that the voters have spoken, let's start creating jobs by providing relief from all this new federal red-tape."

The Small Business Administration reported in September 2010 that the existing total regulatory costs amount to approximately $1.75 trillion each year. New rules and regulations continue to be promoted with agencies drafting 43 new rules during the 2010 fiscal year.

NAMA is the national trade association of the food and refreshment vending, coffee service and foodservice management industries including on-site, commissary, catering, & mobile. Its membership is comprised of service companies, equipment manufacturers and suppliers of products and services to operating service companies. The basic mission of the association, to collectively advance and promote the automatic merchandising and coffee service industries, still guides NAMA today as it did in 1936, the year of the organization's founding.

The National Automatic Merchandising Association. www.vending.org
EASTERN OFFICE: 1600 Wilson Blvd, Suite 650, Arlington, VA 22209
Voice: 571-346-1902, Fax: 703/836-8262

###

space

Other Related Press Releases