“Nearly half of small business owners, 46 percent of those surveyed, point to federal regulations as a reason for not hiring new workers.”

— Gallup Poll, February 2012

The Impact of Regulations on Iowa

• 4,128 regulations could hit over the next four years, which would greatly impact the American economy
• $515 billion is the estimated cost of planned regulations to the economy
• 335,562 people who work in Iowa’s major industries could be impacted by the tidal wave of regulations
• $40.5 billion of Iowa’s gross state product (GSP) could be negatively impacted

In order to help Iowa’s small businesses and overall economy, we need sensible, clear, and fair regulations. This administration should be making sure that every regulation protects American citizens, without harming small businesses. This will help our small businesses hire and invest and ultimately, make America’s economy healthier.

To read more about Iowa’s economy and the potential impact of the regulatory tidal wave on Iowa, click here

*Source: Bureau Of Labor Statistics, Local Area Unemployment Statistics, Accessed 6/28/12
**Source: Bureau of Economic Analysis, GDP by State and Employment Numbers, Accessed 6/28/12