Trump ‘Administrative State’ Rollback Fails To Lower $2 Trillion Annual Cost Of Regulation
The Washington Times cites Vice President of Policy and Senior Fellow Wayne Crews on the cost of federal regulations.
Federal regulations were costing the economy $1.9 trillion at the end of 2018 — about in line with where things stood a year earlier and toward the end of the Obama administration, according to the report from the Competitive Enterprise Institute, a free-market think tank.
“Despite the progress made on regulatory reform under President Trump, American consumers and businesses are still on the hook for the ‘hidden tax’ of federal regulation,” said Clyde Wayne Crews Jr., the author of the report.