Americans are drowning in regulations

[Draggingtree]

ORANGE COUNTY REGISTER:

OPINION

Americans are drowning in regulations

June 14, 2016 Updated 9:59 a.m.

By ORANGE COUNTY REGISTER EDITORIAL

 

The federal government’s massive $4 trillion budget and $19 trillion official national debt (the real tab is much higher) are evidence of an out-of-control government that seeks to seep into every aspect of Americans’ lives. But even these spending and debt measures fail to account for the full reach of the government.

 

More difficult to tabulate are the plethora of regulations emanating from numerous federal agencies. But a new study from the Heritage Foundation helps to quantify the toll these regulations take on our economic and personal liberties.

 

According to the study, 43 new major rules costing more than $22 billion a year in regulatory costs were imposed in 2015 alone. During the first seven years of the Obama administration, there have been 229 major regulations totaling $108 billion a year. And, if past administrations are any indication, we are in for a flood of additional regulations during the final year of President Obama’s tenure. Add in the eight years of George. W. Bush’s presidency and Washington has added $176 billion in annual regulatory costs in just the past 15 years

[Valin]

@Draggingtree

 

What A Coincidence