The number of new regulations this year broke the 1,000 mark, and the number of rules affecting small businesses passed 200.
On to the data:
· Last week, 60 new final regulations were published in the Federal Register. There were 84 new final rules the previous week.
· That's the equivalent of a new regulation every 2 hours and 48 minutes.
· So far in 2014, 1,012 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,163 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
· Last week, 1,248 new pages were added to the Federal Register.
· Currently at 23,229 pages, the 2014 Federal Register is on pace for 72,591 pages, which would be the lowest total since 2009.
· Rules are called “economically significant” if they have costs of $100 million or more in a given year. Twelve such rules have been published so far this year, none of them in the past week.
· The total estimated compliance costs of 2014's economically significant regulations currently ranges from $1.64 billion to $2.01 billion. They also affect several billion dollars of government spending.
· Eighty-one final rules meeting the broader definition of “significant” have been published so far this year.
· So far in 2014, 203 new rules affect small businesses; 27 of them are classified as significant.
Highlights from selected final rules published last week:....To Read More.....