Regulations Growing Like Topsy
Washington red tape cost $1.8 trillion
By Jack Dini —— Bio and Archives--February 11, 2014
American Politics, News | Comments | Back To Full Article
The cost is $1.8 trillion. That's the price of complying with Washington red tape—and that's not a misprint, reported Tom Price in 2012. (1) It clearly has to be higher today. For the first time this amounted to more than half of total federal spending. It is more than the GDP's of Canada or Mexico, notes Wayne Crews. (2)
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