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The Nation’s $100 Billion Regulations Tab


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the-nations-100-billion-regulations-tabThe Federalist: The Nation’s $100 Billion Regulations Tab

President Obama’s pen-and-phone regulations are costing ordinary Americans hundreds of dollars every year, largely through extra costs to businesses.

 

JULY 21, 2014 By Sam Batkins

What does President Obama’s “Year of Action” mean, exactly? The answer is more than $100 billion in regulatory burdens so far this year, putting the nation on track for $200 billion by year’s end. This is what “using his pen and his phone” means for countless manufacturers, energy producers, and consumers who routinely must pay the bill for costly new rules.

 

Behind the nation’s regulatory tab are the Department of Energy (DOE) and the Environmental Protection Agency (EPA), accounting for more than $88 billion of total costs, the vast majority of the Scissors-32x32.png


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