WorthyNewsBot Posted June 11, 2014 Group: Bots Followers: 3 Topic Count: 39,879 Topics Per Day: 6.42 Content Count: 44,710 Content Per Day: 7.19 Reputation: 988 Days Won: 2 Joined: 06/06/2007 Status: Offline Share Posted June 11, 2014 (CBN / Worthy News)– Federal regulations are becoming so burdensome that they're weighing down the American economy. They're also costing Americans more money than they spend on food and clothing. Wayne Crews, vice president of the Competitive Enterprise Institute, addresses the issue in his annual report "Ten Thousand Commandments." "But now of course we've got a lot more than 10,000 commandments because we've had 88,000 regulations in just the past decade," he told CBN News. Crews estimates federal regulations cost the economy a whopping $1.9 trillion a year, an eighth of the country's GDP. For an American household, that translates into almost $15,000 a year. Source View the full article Link to comment Share on other sites More sharing options...
Recommended Posts