This week, the StoptheTidalWave.org campaign continued to gain steam as the movement officially launched in Colorado and Ohio.
In Colorado, local small business owners, NFIB state representatives, and Congressman Scott Tipton warned of the dangers the pending regulatory flood backed up in Washington. The Grand Junction Sentinel reports:
The National Federation of Independent Business is launching a campaign to stem what it calls President Barack Obama’s “regulatory tidal wave.”
The federation announced the campaign, saying it would include forums around the state discussing the “costly regulations for U.S. businesses and consumers” from the Obama administration.
The administration has nearly 4,100 pending federal regulations that the federation said would cost billions of dollars. (Read More)
Similarly, business owners and local officials in Ohio noted that the more than $500 billion price tag attached to the backlog of regulation in Washington would have potentially irreversible damages on the small business community. The Columbus Daily Reporter:
Regulations currently in the pipeline could have a major impact on Ohio industries, such as manufacturing and construction, that collectively employ 1,006,937 people and contribute $103 billion to the state economy annually, the NFIB stated.
“In order to help Ohio small businesses, we need sensible, clear and fair regulations. This will allow us to hire and invest, which will strengthen America’s economy,” said Albert Macre, a small business owner from Steubenville.
Polls repeatedly demonstrate that regulatory burdens are a top reason why small businesses are not hiring at pace with previous years, according to the NFIB. (Read More)