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Federal Regulations Cost $1.88 Trillion in 2014...

d2dd2d Member Posts: 3,109
edited May 2015 in Tug Tavern
U.S. debt exceeds the size of China’s economy.
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WASHINGTON FREE BEACON:
WASHINGTON, DC - - The cost of federal regulation neared $2 trillion in 2014, according to a new report by the Competitive Enterprise Institute (CEI).

“Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices,” amounting to roughly $15,000 per household, the report said.

The report found that the federal bureaucracy—made up of 60 agencies, departments, and commissions—has 3,415 regulations in the process of being finalized, meaning that the number of regulations far surpasses the number of laws passed by Congress.

“In 2014, agencies issued 16 new regulations for every law—that’s 3,554 new regulations compared to 224 new laws,” the report said.

CEI, a 501(c)(3) nonprofit, found that the Departments of the Treasury, Commerce, Interior, Health and Human Services (HHS), Transportation (DOT), and the Environmental Protection Agency (EPA) account for 48 percent of all federal regulations.

The EPA issued 539 final rules in the Federal Register last year, up 12.5 percent in five years.

Enforcing regulations alone cost the government $59.5 billion in 2014.

HONDA: WAS IT ALL MEAN?

link: Obama sent me. I'm here to help.

Comments

  • 2001400ex2001400ex Member Posts: 29,457
    1926.51(c)(1)
    Toilets shall be provided for employees according to the following table:
    Table D-1

    ______________________________________________________________
    |
    Number of |
    employees |
    _________________|____________________________________________
    |
    20 or less.......| 1
    |
    20 or more.......| 1 toilet seat and 1 urinal per 40 workers.
    |
    200 or more......| 1 toilet seat and 1 urinal per 50 workers.
    _________________|____


    HTH
  • 2001400ex2001400ex Member Posts: 29,457
    "“Among the six all-time-high Federal 
Register page counts, five have occurred under President Obama,” CEI said."

    Funny how you don't apply that same logic to global warming.
  • HFNYHFNY Member Posts: 4,735 Standard Supporter
    Are we talking all regulations or just selected ones?
  • d2dd2d Member Posts: 3,109
    edited May 2015
    2001400ex said:

    "“Among the six all-time-high Federal 
Register page counts, five have occurred under President Obama,” CEI said."

    Funny how you don't apply that same logic to global warming.

    This kind of logic allows honda to gargle Obama's balls twice a day.
    image
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