Obama’s massive regulatory burden
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On the day President Donald Trump took office, his administration inherited 1,985 regulations in the rule-making pipeline.
Yesterday was “Deregulation Day” for the federal government as declared by President Donald Trump, and thus an opportune time for Heritage to deliver the findings of its latest tracking of regulation. Heritage research found that the total regulatory burden incurred by the Obama administration over eight years is an extra $122 billion in regulatory costs annually. And that’s the low-ball figure. “The unparalleled expansion of the administrative state is crushing America’s entrepreneurial spirit, productivity, and economic growth,” says Diane Katz, a senior research fellow in regulatory policy in Heritage’s Roe Institute for Economic Policy Studies. Read more of Heritage’s findings and what big changes Trump is bringing to Washington.
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