COST OF GOVERNMENT PAPERWORK
The chairman of Eli Lilly & Co, in testimony before the President’s Commission on Federal Paperwork, said they had gathered the following information: “Our company prepares 27,000 government forms or reports a year at a cost of $5 million. All the necessary analysis and background work is conservatively estimated at another $10 million. This added approximately 50 cents to the cost of every prescription for a Lilly medicine bought by the public last year. He concluded: “The hidden cost of paperwork for the government is, of course, incalculable. Suffice it to say that we have one of the world’s largest pharmaceutical research organizations, and we spend more man-hours filling out government forms or reports than we do on research for cancer and heart disease combined.” Chestnuts Freshly Roasted
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