AMERICAN ACTION FORUM: Administration’s July 2015 “Regulatory Review” Adds $14.7 Billion in Costs

President Obama signed executive orders (13,563 and 13,610) as part of an effort to “eliminate red tape.” Federal agencies were told to “modify, streamline expand, or repeal” existing regulations. The recent “retrospective reports” from the administration reveal that executive agencies have added more than $14.7 billion in regulatory costs and 13.4 million paperwork hours. Too often for this administration, regulations are regularly expanded and rarely repealed or modified.

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