Changes
Jump to navigation
Jump to search
Regulations in Relation to Small Businesses (view source)
Revision as of 17:10, 10 February 2016
, 17:10, 10 February 2016→Impact of Federal Regulations
===Impact of Federal Regulations===
*Federal regulations cost an estimated $515 billion, according to analysis by NFIB. (Source: Small Businesses for Sensible Regulations, “Regulatory Tidal Wave)
*Regulatory burdens on Americans increased by nearly $70 billion during President Obama’s first term in office. (Source: Heritage Foundation)
*Federal agencies reported $23.5 billion in new annual regulatory costs in 2012 alone. (Source: Heritage Foundation)
*President Obama’s FY2013 budget request for regulatory activities was $58.7 billion, compared to $2.8 billion in 1960. (Source: “Growth in Regulators’ Budget Slowed by Fiscal Stalemate: An Analysis of the U.S. Budget for Fiscal Years 2012 and 2013,” The George Washington University and Washington University in St. Louis)
*Average annual cost of regulations in President Obama’s first two years in office ranged from $8 to $16.5 billion, compared to a $1.3 to $3.4 billion during the same period under President Bush. (Source: Annenberg Public Policy Center: FactCheck.org)
