Competitive Enterprise Institute | 1899 L ST NW Floor 12, Washington, DC 20036 | Phone: 202-331-1010 | Fax: 202-331-0640
Even though these regulations may seem harmless, the costs add up. Something needs to be done about excess regulations so that the worker can take back some of their $15,524 that is lost every year.
One solution to this problem comes from the Competitive Enterprise Institute, a “free-market” conservative think tank in Washington, D.C. CEI has proposed that a “Regulatory Reduction Committee” be established to reduce frivolous regulations. This committee would provide a yearly package of proposed regulatory reductions to be voted on by Congress, thereby giving our lawmakers the ability to repeal regulations.
Links:
[1] http://cei.org/other/cei-staff
[2] http://www.policymic.com/articles/23304/obama-issued-216-billion-in-new-regulations-in-2012-showing-the-need-for-reform