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Regulations that are being proposed, the business round table sent a letter to the white house, talking about corporate tax levels, regulation. >> pages of burden that they see. >> yeah, so something has to be holding down the economy and it's a legitimate question whether this rush of regulation that the administration is probably passed is the problem. i think that's the message the business community is trying to send them. >> how big of a political problem is this, james, for the administration? >> it's a huge political problem because it's now coming from across the spectrum, if you will,...

About safety regulations proposed. business round table has sent a letter to the white house talking about corporate tax levels -- something has to beholding down the economy it is a legit miss question whether this rush of regulation that the administration has proudly passed is the problem? i think that's the message the which is community to trying to send. >> how big a political problem is this james? >> it is huge. it is coming from across the spectrum, if you will, of people ingaged in business. >> paul: big, small, little? >> most of america. you normally count on big business to be the...

Talking about the auto safety regulations that are being proposed, the business round table sent a letter to the white house, talking about corporate tax levels, regulation. >> pages of burden that they see. >> yeah, so something has to be holding down the economy and it's a legitimate question whether this rush of regulation that the administration is probably passed is the problem. i think that's the message the business community is trying to send them. >> how big of a political problem is this, james, for the administration? >> it's a huge political problem because it's now coming from acr...