When companies must spend money to comply with an ever-increasing flood of federal regulations, they need to make cuts in other areas. This usually means holding off on job creation or even cutting their existing work force and employee hours.
What does it cost American businesses to comply with federal regulations? The Competitive Enterprise Institute puts the figure at $1.8 trillion a year — more than half what it costs to run the federal government. Government agencies spend $61 billion per ...Finish Reading →