Tom Donohue, the president of the U.S. Chamber of Commerce, last week said higher taxes and a “flood of new regulations” will damage an already subpar economy. “In many ways, we’re going backwards,” he said.
Jeffrey Zients , who made as much as $210 million while building two consultancies, is focusing his business skills on a much larger task these days: overhauling the “1960s-style” organization of U.S. federal agencies.
Obama administration officials told leaders of business and financial services groups that negotiations with House Speaker John Boehner have deteriorated in the past 24 hours, a person familiar with the meeting said.
To hear some Republicans tell it, the U.S. is stuck in a morass of stubbornly high unemployment for one reason: an unprecedented and vastly burdensome increase in government regulation under President Barack Obama.