From the Washington Examiner:
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.
The AAF paper also calculated the regulatory costs and job losses in
each state for the top ten must expensive Obamacare regulations.
California has borne the brunt of Obamacare’s costs suffering $3.4
billion in costs and 2,917 jobs lost. Texas has been hit second hardest
with $1.8 billion in costs and 1,292 jobs lost. http://washingtonexaminer.com/study-obamacare-regs-have-cost-27.6-billion-killed-30000-jobs/article/2510234#.UHUObq48VXs
And it's only going to get worse.
Eric Hovde: The Ultimate Carpetbagger
5 hours ago
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