The cost for Americans to comply with federal regulations reached $1.863 trillion in 2013, an average of $14,974 per house, according to a Competitive Enterprise Institute report. The cost of compliance and the need for an institutionalized, structural change in how regulations are developed and enforced was the primary topic discussed at a recent meeting of the Regulatory Improvement Council attended by TRSA President & CEO Joseph Ricci.
 
“These figures do not include state and local compliance,” said Ricci, “Companies want to and can play by the rules, even bad rules if necessary; but they cannot play ...