Industrial Insight

new regs cost a lot… | January 31, 2013

http://www.weeklystandard.com/blogs/cost-obama-s-regulatory-explosion_698918.html

The Cost of Obama’s Regulatory Explosion

Nearly double the cost of the first three years of Bush and Clinton combined.

2:29 PM, Jan 30, 2013 • By JEFFREY H. ANDERSON

In fact, as the chart below shows, the costs of “major” regulations — those estimated to cost at least $100 million in any one year (in 2001 dollars) — issued by the Obama administration in its first three years nearly tripled the cost of those issued by the Clinton administration in its first three years, nearly quintupled the cost of those issued by the George W. Bush administration in its first three years, and nearly doubled the cost of those issued by Bush and Clinton combined. Again, that’s according to the Obama White House’s own tallies.

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I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.

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