Regulation Nation: Obama Issues Nearly 50% More Costly Regs Than Bush
The Washington Examiner cites Wayne Crews' work comparing President Bush's regulations to President Obama's:
"According to an analysis by Clyde Wayne Crews Jr., policy director at Competitive Enterprise Institute, those rules account for the bulk of regulatory costs on industries. He quoted the OMB report saying that “the benefits and costs of major rules, which have the largest economic effects, account for the majority of the total benefits and costs of all rules subject to OMB review.”
Obama has bragged that he hasn’t issued as many rules as Bush and Crews said that is true. Bush issued 23,367 rules over his last six years to Obama’s 21,506 rules. Looked at another way, said Crews, Bush averaged 3,894 rules annually, while Obama’s 3,584 will rise probably just a little.
But, he added, “when it came to the really big rules and regulations (as far as we know, that is, given that actual reporting is pretty dismal, even non-existent), Obama was always ahead of Bush.”
He concluded that, “Total regulations do matter, but so do costs and the trends in costly rules. Such things matter even more when use of the pen and phone and ‘acting when Congress won’t’ has been promised.”"