Drowning In A Costly, Intrusive Federal Regulatory Flood
Earlier this week, the Competitive Enterprise Institute, which has a long history of highlighting Washington’s regulatory excess, said that during the first week of December, “95 new final regulations were published in the Federal Register,” which followed “77 new final rules” published the previous week. It’s “the equivalent of a new regulation every one hour and 46 minutes.”
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CEI estimates that the regulatory machine already costs the private economy $1.8 trillion a year.