Wednesday, October 10, 2012

Obamacare Regulations Have Dragged $27.6 Billion Out Of The Economy

Obamacare Regulations Have Dragged $27.6 Billion Out Of The Economy, Killed More Than 18,000 Jobs…


Fully implementing Obamacare regulations have already cost the U.S. economy $27.6 billion and more than 18,000 jobs according to a new study released today. Just the top ten most expensive regulations have cost $24.4 billion, according to the new non-partisan and independent American Action Forum (AAF) report.

Just complying with the state health exchanges alone has to cost employers $3.4 billion according to the AAF totals which were compiled from Federal Register data. In addition to the regulatory costs, AAF estimates that Obamacare regulatory compliance has eaten up more than 60 million hours in paperwork. At 2,000 hours a year that comes to 30,000 jobs.

CONTINUED:  http://cowboybyte.com/13474/study-obamacare-regulations-have-dragged-27-6-billion-out-of-the-economy-killed-more-than-18000-jobs/

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