Where the Candidates Stand on Regulation

The Hoover Institution cited CEI’s expert on regulatory burdens

The US regulatory state is massive. Wayne Crews, the vice president for policy of the Competitive Enterprise Institute, is arguably the leading expert on US federal regulation. Every year, he writes a 100-plus-page report titled, appropriately enough, Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State. Regulation, given its large costs, is one of the understudied aspects of presidential campaign proposals. In his latest report, written in 2023, Crews writes, “Regulatory burdens of $1.939 trillion amount to nearly 7.4 percent of US gross domestic product, which was $26.14 trillion in 2022.” If regulatory costs were a country, he notes, our federal regulatory costs would be the ninth-largest economy in the world.

Read more at Hoover Institution