Saturday, December 31, 2016

Red Tape Trail

Obama has been busy:
Whilst Congress passed 211 laws over the course of the year, they had an accompanying 3,852 new federal regulations, costing billions of dollars in both implementation and losses to businesses. This was 443 more regulations than 2015.

There was also a record number of pages of red tape, with 97,110 pages printed on the 2016 Federal Register.

However the level of regulation per new law passed is still down considerably compared to 2013, when the Obama administration introduced 3659 new regulations for just 72 new laws, a record 51 pieces of regulation for every new law.
When in doubt, regulate on your way out...

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