During the first three years of the Obama Administration, 106 new major federal regulations added more than $46 billion per year in new costs for Americans. This will create unsustainable regulatory burdens on entrepreneurs.
The number and cost of federal regulations increased substantially in 2015, as regulators continued to tighten restrictions on American businesses and individuals. The addition of 43 new major rules last year increased annual regulatory costs by more than $22 billion, bringing the total annual costs of Obama Administration rules to an astonishing $100 billon-plus in just seven years.
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