The National Federation of Independent Business (NFIB) coalition, Small Businesses for Sensible Regulations, is launching a nine-state education campaign – Stop Obama’s Regulatory Tidal Wave – focused on elevating the stories of its small business members about the impacts federal regulations could impose on small business growth. The campaign will include Colorado, Florida, Iowa, Missouri, North Carolina, Nevada, Ohio, Pennsylvania, and Virginia.
The following is a press release from the coalition announcing the campaign:
NFIB Small Business Coalition Launches Nine-State Effort to Stop President Obama’s Regulatory Tidal Wave
Concerns Mount over 4,100 Regulations Pending in Washington That Could Cost More than Half a Trillion Dollars
WASHINGTON (July 18, 2012) – The next four years could bring a tidal wave of costly federal regulations impacting U.S. businesses and consumers, according to new analysis by the National Federation of Independent Business’ coalition, Small Businesses for Sensible Regulations. There are currently 4,128 federal regulations in the pipeline which, if implemented, will impose costs of more than $515 billion on the U.S. economy.
“With small business confidence at an all-time low, this tidal wave of impending federal regulations is coming at the worst time imaginable, creating more uncertainty for small business owners and further stalling their economic recovery,” said Susan Eckerly, Vice President of Public Policy for the NFIB.