The Office of Advocacy saved small business more than $6.6 billion during Fiscal Year 2005 by helping federal agencies implement the Regulatory Flexibility Act. The effort resulted in rules which met their regulatory goals and lessened the burden on small business compared with the original proposals.. The savings were outlined in the “Report on the Regulatory Flexibility Act, FY 2005.” Some of the highlights include: An additional $966 million in annual recurring savings for small entities.
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