Data Point: Federal Regulations costs $1.882 Trillion - Granite Grok

Data Point: Federal Regulations costs $1.882 Trillion

Annual Cost of Federal  Regulation

“OMB’s annual review increasingly encompasses an even smaller fraction of intervention than realized. Regulation today is a hidden tax equivalent to at least half the amount of the fiscal budget itself… our current regulatory oversight procedures, which omit independent agency rules and important interventions like guidance documents and the number of them, are inadequate.”

(H/T: Hot Air)

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