On the recordFebruary 10, 2011
I would like to quote, if I can, a fact that, since the passage in March 2010, the Patient Protection and Affordable Care Act, which is known as ObamaCare, has added 6,123 pages of regulations, and the Federal Register has printed those just over the last 9 months. Secondly, according to a September 2010 report from the Small Business Administration, total regulatory costs amount to $1.75 trillion annually, which is nearly twice as much as all individual income taxes collected last year. That means that the ability for a person to have to fill out all of their paperwork, the cost of that is twice what we even collected in taxes. There is a balance here that's been overrun.
