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Click here for complete events calendar
| Wed - Aug 27 8:00 AM - 9:00 AM |
Military Affairs Council Roundtable Breakfast Meeting
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| Thu - Aug 28 12:30 PM |
Ribbon Cutting @ Best Western Aquia-Quantico Inn
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| Wed - Sep 03 8:00 AM - 9:00 AM |
Spotsylvania Roundtable
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| Fri - Sep 05 |
Chamber Challenge 2008 - Mattaponi Springs Golf Course
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| Wed - Sep 10 8:00 AM - 9:00 AM |
Stafford Roundtable
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America, the Burdened
By Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce
Congress may be in the middle of a month-long recess, many Washingtonians may have fled the sweltering weather for friendlier climes, and the town may have slowed to a crawl, but nothing can stop the inexorable march of the nation's massive regulatory system
A recent report from the Competitive Enterprise Institute reminds Americans of the tremendous toll taken by the regulatory state--some $1.6 trillion annually. Anyone running a business needs no reminder. Tentacles of the regulatory beast reach into every aspect of business operations of firms both large and small.
To put that number into perspective, $1.6 trillion is about equal to the amount collected in individual income taxes every year. It is more than the GDP of Poland,Norway, Austria, and Greece ... combined. And the cost and reach of regulations are expanding all the time.
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