While Republicans in Congress conceded the obvious and moved a short extension of federal borrowing authority, it was only a stopgap effort to allow them to regroup. President Obama, meanwhile, continues to focus on policy issues that register in the low single digits in terms of importance to American voters. All in all, it’s not a situation to inspire confidence that the country will get back on the path of sustained economic growth any time soon. Is it any wonder that bakers and other Americans are so frustrated with an often dysfunctional Washington?
Yet despite all of the macro issues facing our country, we are seeing some progress on issues important to bakers. A case in point is the U.S. Food and Drug Administration’s (FDA) recently released draft of preventative controls regulations to implement the Food Safety Modernization Act (FSMA).