Politics

Regulations – How Much Do They Cost You?

From the labels on our food to the shoes on our feet, regulations are a part of our everyday lives. And there are a lot of them.

Did you know, for every law Congress passed last year, federal agencies issued 18 rules and regulations? That’s nearly 3,900 new federal regulations in 2016 alone!

We hear a lot about how regulations are supposed to benefit us, but what about how much they cost?

CEI President Kent Lassman said,  “while regulations are intended to benefit society, and may even be designed with that in mind, sadly nearly all regulations cost more money than anyone realizes. These aren’t even laws that come through Congress, they are rules put in place by Washington bureaucrats without consideration for how our families have to pick up the tab. It’s time we take a close look at the cost of regulations on hardworking Americans.

A recent CEI estimate shows that every year federal regulations cost American families, businesses, and the economy nearly $2 trillion.

That’s about $15,000 per household each year, almost a quarter of the typical household income.

In fact, the cost of federal regulations surpasses every other household expense except housing. They cost us more than what we spend on entertainment, transportation, clothing, food, or even health care.

Federal regulations are, very simply, the most expensive hidden tax on Americans in history.

So the next time you hear how much a new regulation may help you, ask how much it will cost… and then decide whether it’s worth it.

from - CEI.org

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Fredrick Yerrick
4 years ago

We at Convention of States Project thank you AMAC for this graphic and we’ll illustrated Video which should be easily understood by all Rationally minded Patriots.
Article V Part 2
“Enlightened Citizens” are needed to save our Republic and this is accomplished by education not fear. Our Founding Fathers gave us the process in Part 2 of Article V;

Amendment Process #2 of Article V

1. 34 states submit applications for the same issue

2 Congress is required to call the convention

3. Commissioners debate, propose, and vote upon possible amendments

4. Proposed amendments are sent to the states for ratifications 5. If 38 states ratify, the proposed amendments become part of the Constitution

Please join us at conventionofstates.com and cosaction.com. We thank you!

Max
4 years ago

We need a Convention of States in order to curb the power of the federal government and to put the power back with “of, by and for the people.”

Jim Bost
4 years ago

The real problem is that these regulations are written into law and enforced by non-elected bureaucrats. Congress allows this to insulate themselves from accountability to We the People. We can correct this via Article V of the Constitution. We can get rid of these regulations and the people who want to decide for all of us. Local control works best for everyone. Join us at COSaction.com

Ann Smith
4 years ago

The best way to curb those regulations is by using the Convention of States as given to us by the Founding Fathers in Article 5 of the Constitution. We can convene and set amendments to the Constitution that reign in regulations and how they are adopted, implemented or how they can be erased by the people themselves and the states. Taking power out of DC is first and foremost what is needed and our Founders gave us the tool to do just that. I wholeheartedly support Convention of states. It is gaining momentum. Ten states have already passed their resolutions and more are on the slate to do it this year. Join us, and ask your fellow citizens in your state to do the same.

Felix Guerrera
4 years ago

ONE THING THAT REALLY UPSETS ME AND i AM VERY SURPRISE THAT MANY PEOPLE ARE NOT AWARE OF THESE CHISELERS THAT EXPECT TO BECOME RICH OVER NIGHT BY ADVERTISING A PRODUCT WITH MANY WORDS AND GREAT DISCOUNTS BUT LEAVE OUT THE FINAL PRICE OF THE PRODUCT ! THEY HAVE TO BE REAL LOSERS ? BOTH BUYER AND SELLER ! AS FAR AS REGULATIONS READ THOROUGHLY AND BE AWARE ESPECIALLY OF ALL TYPES OF MEDICINES AND DRUGS! ….THANK YOU AMAC FOR HELPING US BUILD A BETTER LIFE HERE IN AMERICA AND KEEPING US INFORMED IN CURRENT AND PAST EVENTS ! i FOR ONE APPRECIATE ALL YOU DO FOR WE THE PEOPLE OF THIS NATION !…….THANK YOU !

Robyn Campbell
4 years ago

Thank you Amac. And thank you for taking a stand. A Convention of States would put an end to this regulatory spiderweb. When you add a regulation it leads to another and another and before you know we’re caught. Taxpayers Paid $162.5 Million for Union Work. Federal workers spent 3.5 million hours doing union business on the taxpayer dime. Find more here http://freebeacon.com/tag/government-waste/

And here (both courtesy of the Convention of States website. http://thehill.com/regulation

Please go here to add your name to the petition. We need you. http://www.cosaction.com/?recruiter_id=898217

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