Thursday, September 20, 2012

Regulations Cost Money

Following on the earlier post about Congress' habit of allowing regulators to do the dirty work....

...Using official government sources, the National Federation of Independent Business calculates there are more than 4,000 federal rules in the pipeline, and that just the 13 biggest ones would, if imposed in an Obama second term, cost businesses a total of more than $515 billion over four years.

That tally doesn't include more than 100 still-to-be-written regulations needed to enforce the Dodd-Frank financial reform law, or the mountain of regulations required by ObamaCare. The health law has already resulted in thousands of pages of rules, including 18 pages simply to define what a "full-time employee" is.

It's only your children's future, folks....

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