Elizabeth Harrington, February 10, 2014
The Obama administration has yet to finalize 28 additional regulations under Obamacare that could lead to an “avalanche” of regulatory burden on the economy, according to an analysis by the American Action Forum.
A report released Monday by Sam Batkins, director of regulatory policy at American Action Forum, details the billions in cost and millions in paperwork hours that will result from the pending regulations, including the individual mandate, which has yet to be finalized.
“In total, these 28 paperwork burdens total more than 45.7 million burden hours,” the report said. “For perspective, it would take more than 22,800 employees working full-time to complete the new paperwork (assuming 2,000 employee hours annually).”….To Read More….