Daily Caller. Hilarious.Report: Obamacare’s regulatory costs more than double benefits
The annual costs of Obamacare regulations come in at $6.8 billion a year so far — around 2.5 times the total benefits of its heavy-handed regulations, according to study released Monday.
The federal government’s estimates of Obamacare’s regulatory “benefits”— what they project in increased efficiency or productivity due to streamlined processes and standards — clock in at just $2.6 billion annually, as opposed to the cost of complying with all those regulations, which is almost $7 billion.
By 2014, when all but those delayed parts of the Affordable Care Act have been implemented, regulations have imposed over $27.2 billion in costs upon the private sector and $8 billion in unfunded state burdens, the report by free-market think tank American Action Forum (AAF) found.
A large portion of the costs come from the paperwork burden that Obamacare places upon states and private companies. Implementing the law takes 159 million paperwork hours a year for state governments and the private sector — an amount that would take close to 80,000 employees, working 50 weeks per year full-time.(That’s 40 hours per week, not Obamacare’s 30-hour work week threshold for full-time.)
Didn't you dumbasses just waste $24 BILLION on a baby-fit government shutdown that failed to do anything? Looks like we have quite the tab. Also, over 50 failed votes at about $2 million each, none of which have a chance to do anything but waste money.
So much for "the party of fiscal responsibility."
And we're still waiting on the GOP plan to fix our failed healthcare system. We know you don't like this one and we know our old one was unsustainable. If your solution is to waste money and bitch, that won't work. That's all you've done for six years. But trust me, if you have an alternative, we're all ears.
But you got nothing.