Victims of Government – Today’s Quote

Victims of Government – Today’s Quote

The Small Business Administration Office of Advocacy estimates that it costs Americans $1.75 trillion to comply with federal regulations each year. To put $1.75 trillion into perspective, that amount is larger than all but eight economies in the world. It also means that over 10% of the U.S. economy is spent on trying to satisfy rules issued by Washington bureaucrats. That doesn’t even include federal, state, and local taxes.

This heavy regulatory burden diverts resources from innovation to compliance, discourages business investment, and chills job creation. It is no accident that as Washington adds new regulations, more and more Americans are unemployed and underemployed.

…Elected leaders need to carefully consider the costs and negative unintended consequences of unnecessary federal regulations. They need to remember that real people must comply with these regulations and that making them overly burdensome stifles American growth. This blog features just some of the victims of government.

Senator Ron Johnson’s Victims of Government Blog

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