http://www.discoverthenetworks.org/viewSubCategory.asp?id=1505 has a very good summary of the cost of federal regulations. Some highlights:
- compliance costs are $1.8 trillion. And that doesn’t even begin to count the lost opportunity costs.
- there are more than 81,000 pages of regulations.
- almost 4,000 new regulations are added every year.
- “Of the 4,225 regulations now in the pipeline, 224 are ‘economically significant’ rules wielding at least $100 million in economic impact.”
The article has many links to related info.
The high, mostly hidden, costs of regulations are a reason why I work at the state level to reduce or eliminate regulations.
