Fox News reported that new ObamaCare regulations could cost food retail outlets up to $1 billion in the first year.
“The proposed regulation would require store owners to label prepared, unpackaged foods found in salad bars and food bars, soups and bakery items. Erik Lieberman, regulatory counsel at the Food Marketing Institute, said testing foods for nutritional data will require either expensive software or even more costly off-site laboratory assessments.”
Also this week, TheHill.com reported on a study from the Congressional Budget Office that concluded 7 million individuals will lose health insurance from their employers and the price tag of ObamaCare will soar up to $1.3 trillion during the next ten years.
Fundamental transformation is proving to be very expensive.