The cost of food safety regulations

This discussion at RedState has some discussion of the costs. The government costs are here:

The Congressional Budget Office has calculated that this overreaching bill would cost $1.4 billion between 2011 and 2015. To carry out these new rules, the federal government will hire over 17,000 new bureaucrats. Food producers will likely spend hundreds of millions of dollars annually complying with these unnecessary government regulations. This cost will be passed onto consumers in the form of higher food prices. Big agriculture is one of the largest proponents of the bill since it will likely destroy their competitors who cannot afford the high cost of these regulations. . . .

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Blogger E Melander said...

This is really no surprise. Look at the horrid Consumer Product Safety Improvement Act and the pending Cosmetics Safety Act. Both expand government bureaucracy, cost tax payers millions and millions of dollars, and we see no net safety. This is the progressives acting like progressives.

11/19/2010 7:48 PM  

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