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De Omnibus Dubitandum - Lux Veritas

Tuesday, January 12, 2016

Obama's 2015 regulations cost $197 billion, $848 per voter

By (@SecretsBedard)
               
The price of the Obama administration's regulatory hit was just shy of $200 billion last year, or $784 million for every day his government was open for business, writes Paul Bedard for the Washington Examiner. The cost in paperwork alone has reached 127.9 million paperwork hours, said a report by the center-right policy center American Action Forum.   In a new report provided to Secrets, AAF said, "2015 ranks as the second costliest year under President Obama, with $19.4 billion in final rule annualized costs; 2012 ranks first, with an amazing $32.7 billion." The larger price tag includes proposed and final rules.  The huge burden was driven by Obama's "Clean Power Plan," his climate change plan presented at a Paris summit late last year, and a ban on trans fats.....
 
 

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