The Costs of Regulation

The geniuses in Washington can't understand why they are being accused of being anti-business.

Read from Weasel Zippers:

Report: Obama Administration Added $9.5 Billion Worth Of Government Regulations During July Alone…

"Nothing the left loves more than a bloated bureaucratic mess.


(US News) — 'Many House and Senate conservatives are reviving their battle against federal regulations, claiming that the president hasn’t stopped issuing job-killing rules during the debt ceiling fight. “While Washington and Americans have been focused on the debt ceiling, the Obama administration has continued to roll out more crushing red tape,” said a spokesperson for Wyoming Republican Sen. John Barrasso, who’s been championing the regulation fight.

At Tuesday’s GOP Senate caucus lunch, the lawmakers said that they will renew their efforts, supported by business groups like the U.S. Chamber of Commerce. In a memo Barasso handed out to the lawmakers, he claimed that the administration in July only has put in $9.5 billion in new regulatory costs by proposing 229 new rules and finalizing 379 rules. Among those he cited were EPA, healthcare reform, and financial regulatory reform rules.'"


More from Gateway Pundit:

The $1.75 Trillion Cost of US Regulation Is Twice the Amount of Individual Taxes Collected

"A new report revealed this week that the annual cost of US regulation — $1.75 trillion — represents twice the amount of individual income taxes collected last year.
Heritage Foundation reported:



A new report revealed this week that the annual cost of US regulation — $1.75 trillion — represents twice the amount of individual income taxes collected last year.
Heritage Foundation reported:

The Heritage Foundation reported:


'In the just-released “Red Tape Rising: A 2011 Mid-Year Report,” The Heritage Foundation’s James Gattuso and Diane Katz explain the pervasiveness of government’s intrusive regulatory hand (that oftentimes goes go well beyond ensuring product safety) and how it controls nearly every facet of your daily life.

Do you heat your home? Light your rooms? Buy and cook food? Watch TV? If the answer is “yes,” then you’ve fallen under federal regulation. And you’re paying for it, too. Gattuso and Katz explain how every product imaginable costs more because of regulations:



The costs of regulation are inevitably passed on to consumers in the form of higher prices and limited product choices. Basic items, such as toilets, showerheads, light bulbs, mattresses, washing machines, dryers, cars, ovens, refrigerators, television sets, and bicycles all cost significantly more because of government decrees on energy use, product labeling, and performance standards that go well beyond safety—as well as hundreds of millions of hours of testing and paperwork to document compliance.



The annual cost of regulation—$1.75 trillion by one frequently cited estimate—represents twice the amount of individual income taxes collected last year. Overall, from the beginning of the Obama Administration to mid-fiscal year (FY) 2011, regulators have imposed $38 billion in new costs on the American people, more than any comparable period on record. Consider Washington’s red tape to be a hidden tax.

The mountain of regulations didn’t begin under the Obama Administration. Under the Administration of George W. Bush, for example, $60 billion in additional annual regulatory costs were imposed on Americans. But as Katz and Gattuso write, the rate at which burdens are growing has accelerated under the Obama Administration.'"