Restoring Balance to America's Regulations

The U.S. Chamber of Commerce looked at the cost of regulations in America and found that excessive protocols are undercutting our economy and costing us jobs.

Federal rules alone have exploded, and the Chamber says they cost $1.7 trillion. Unwarranted state labor and employment mandates resulted in a 700,000-job loss. On the other hand, paring back state regulations which exceed federal standards now spawns 50,000 new businesses each year.

The Chamber report does not indict government regulations, per se. Most regulations serve a good purpose, but regulatory overreach is a job killer.

For exam...