The Obama Legacy: Regulation Overload.

Bill Mottram, Colorado Conservative and Blog Admin

To try to get a perspective of the Obama administrations enthusiasm for regulatory activity and to explore if their enthusiasm encroached on the excessive, I looked at an interesting database published by the American Action Forum. This database provides detailed numbers of regulations finalized and the associated metrics. The data covered the past 12 years. Unfortunately this only covers the last term of Bush plus the two terms of Obama. When I figure out how to look at their “archive” I will be able to compare the Bush eight years to Obama’s and update accordingly. But the numbers available do tell a story.

Time Period Total Number of Finalized Regulation Total Finalized

Cost

Paperwork Hours required.
2005 -2008 1469 $159.0B 182.9M
2009 – 2012 1512 $372.5B 222.7M
1013 – 2016 1516 $501.1B 360.3M

 

In their last terms (Bush and Obama) 1469 and 1516 regulations respectively, were finalized. By numbers not a significant increase, but at what cost?

While the unit numbers were close, the Obama price tag was not. The cost for Obama’s second term regulations was over 3 times that of the Bush second term regulations. His first term costs were a little less expensive coming in at approximately 2.3 times the cost of the Bush second term regulations.

To help give a perspective of how the Obama costs accumulated I formatted the following table with data pulled from a presentation by Hannity, available on his website.

Cost Impact Regulation Data Source
$344 B Estimated Economic Cost Of All The New EPA Regulations Finalized Since Obama Took Office “Regulation Rodeo,” American Action Forum, Accessed 12/27/16

 

$292 B Projected Cost Of Obama’s Finalized Clean Power Plan Regulations. H. Sterling Burnett, “Economic Analysis of Clean Power Plan Shows High Cost, Minimal Benefits,” The Heartland Institute, 12/2/15
$29 B Projected Annual Loss Of Coal Production Due To The Interior Department’s New Stream Protection Rule “Economic Analysis Of Proposed Stream Protection Rule,” Ramboll Environ, 10/15

 

$9.6 B Projected Annual Loss Due To The EPA’s 2012 Mercury Rule. “Hearing Entitled ‘A Review Of EPA’s Regulatory Activity During The Obama Administration: Energy And Industrial Sectors,” U.S. House Of Representatives Committee On Energy And Commerce, 6/30/16

 

$1.4 B Projected Annual Loss Due To The EPA’s 2015 Ozone Rule “Final Ozone Rule,” American Action Forum, 10/2/15

 

$1.4 B Projected Annual Loss Due To The EPA’s 2015 Ozone Rule “Final Ozone Rule,” American Action Forum, 10/2/15

 

$462.9 M Projected Annual Loss Due To The Administration’s 2015 “Water Of The United States” Rule. “Final WOTUS Rule,” American Action Forum, 5/28/16

 

$320 M Projected Annual Loss Due To The EPA’s 2016 Methane Emissions Rule. Hearing Entitled ‘A Review Of EPA’s Regulatory Activity During The Obama Administration: Energy And Industrial Sectors,” U.S. House Of Representatives Committee On Energy And Commerce, 6/30/16

 

 Now you can perhaps get an appreciation of one of Trump’s stated goals which is to have two regulations cancelled for every one regulation finalized. Perhaps it should be three cancellations!

About time sanity prevailed!!

 

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