The Washington Times mentions CEI's research on the costs of regulation.
Over the past two years, the Competitive Enterprise Institute and the National Association of Manufacturers each estimated federal regulations’ annual cost at approximately $2 trillion. That equals 61 percent of 2014’s total federal revenues. It is 30 percent larger than total federal income tax revenue, almost double federal payroll tax revenue, and almost six times greater than federal corporate tax revenue.
Reducing federal regulations on the private sector would have as positive an impact on the economy as decreasing federal taxes would. It is also fiscally cheaper and more politically attainable.
Read the full article at the Washington Times.