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De Omnibus Dubitandum - Lux Veritas

Wednesday, September 4, 2013

CEI’s Battered Business Bureau: The Week in Regulation

by Ryan Young on September 3, 2013
This week in the world of regulation:
·         Last week, 81 new final regulations were published in the Federal Register. There were 80 new final rules the previous week.
·         That’s the equivalent of a new regulation every two hours and four minutes — 24 hours a day, seven days a week.
·         All in all, 2,475 final rules have been published in the Federal Register this year.
·         If this keeps up, the total tally for 2013 will be 3,733 new final rules.
·         Last week, 1,465 new pages were added to the 2013 Federal Register, for a total of 53,959 pages.
·         At its current pace, the 2013 Federal Register will run 79,822 pages, which would be good for third all time. The current record is 81,405 pages, set in 2010.
·         Rules are called “economically significant” if they have costs of $100 million or more in a given year. Three such rules were published last week, for a total of 26 so far in 2013.
·         The total estimated compliance costs of this year’s economically significant regulations ranges from $5.78 billion to $10.39 billion.
·         So far, 218 final rules that meet the broader definition of “significant” have been published in 2013.
·         So far this year, 469 final rules affect small business; 64 of them are significant rules.
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