WASHINGTON, D.C. — If costs of flying have increased in recent years, one reason might be new federal regulations on small businesses, such as FBOs, airport managers, and others who must raise prices to meet increases in their costs of doing business.
Over the past five years, 157 new major rules have been issued, according to Rep. Sam Graves (R-Mo.), chair of the House Committee on Small Business. The cost of new regulations on the American economy has spiked by $75 billion annually.
The Congressman’s comments about new costs did not break down the added expenses by types of business, so the impact of aviation is not known.
In February the House passed legislation to require federal agencies to better assess the impact of new regulations on small companies early in the process. No action has moved on this in the Senate.