The Heritage Foundation has released a new report called ‘Red Tape Rising‘ that tallies up all the new government regulations in the past six years of the Obama administration, and compares them to the Bush administration:
Here are some of the numbers from Heritage Foundation:
27 new regulations for 2014
184 new regulations so far under Obama
$80 billion cost for new Obama regulations*
76 new regulations under GW Bush
$30.7 billion cost for all Bush regulations
The Heritage Foundation’s multimedia news platform Daily Signal created these infographics:
Those regulations cover everything from cars to health care. Here’s a sampling:
Relabeling vending machines for calorie content
Energy efficient standards for power cords
Energy mandates for public light fixtures
Requiring car back up cameras
Auto efficiency standard increase
Walk-in cooler/freezer regulations
The Heritage Foundation’s report claims that President Obama has done quite a bit by fiat, but he has had plenty of help:
President Barack Obama has repeatedly demonstrated his willingness to act by regulatory fiat instead of executing laws as passed by Congress. But regulatory overreach by the executive branch is only part of the problem. A great deal of the excessive regulation in the past six years is the result of Congress granting broad powers to agencies through passage of vast and vaguely worded legislation. The misnamed Affordable Care Act and the Dodd–Frank financial-regulation law top the list.
The authors of “Red Tape Rising” say regulation is needed, but claim the Obama administration goes overboard:
They also increasingly dictate lifestyle choices rather than focusing on public health and safety.
Heritage also mentions that 12 of the rules imposed by the Obama administration have no available cost information, so the $80 billion estimate is likely higher.