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
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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The Heritage Foundation is the nation’s most broadly supported public policy research institute, with more than 453,000 individual, foundation and corporate donors. Heritage, founded in February 1973, mission is
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