Fox News Video: Supermarkets Cry Foul As FDA Proposes New Food Labeling Rule Under ObamacareSubmitted by emalvini on Thu, 02/07/2013 - 08:18
Fox News Video: Supermarkets Cry Foul As FDA Proposes New Food Labeling Rule Under Obamacare
February 06, 2013
If the Food and Drug Administration gets its way, your trip to the grocery store could get a tad pricier.
Supermarket owners argue a pending federal food-labeling rule that stems from the new health care law would overburden thousands of grocers and convenience store owners -- to the tune of $1 billion in the first year alone.
Store owner Tom Heinen said the industry's profit margins already are razor thin. "When you incur a significant cost, there is no way that that doesn't get passed on to the customer in some form," he said.