20,642 New Regulations Added in the Obama Presidency
More than $22 billion per year in new regulatory costs were imposed on Americans last year
By Heritage Foundation James Gattuso, Diane Katz—— Bio and Archives--May 23, 2016
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The tide of red tape that threatens to drown U.S. consumers and businesses surged yet again in 2015, according to a Heritage Foundation study we released on Monday.
More than $22 billion per year in new regulatory costs were imposed on Americans last year, pushing the total burden for the Obama years to exceed $100 billion annually.
That’s a dollar for every star in the galaxy, or one for every second in 32 years.
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