10
SHOCKING FACTS
ABOUT REGULATION

FACT #1 $1.8 trillion Annual
cost of the regulatory system. SOURCE: Competitive Enterprise Institute

FACT #2 22,877 174,545 Pages
in the code of federal regulations in 1960. Pages in the code of federal regulations today. SOURCE: Competitive Enterprise Institute

FACT #3 30 days 80
days Average review time for a regulation in 1994. Average review time for a regulation in 2012. SOURCE: Administrative Conference of the United States

FACT #4 48% 23% Percentage
of Americans who say there is too much regulation. Percentage of Americans who say there is too little regulation. SOURCE: Gallup

FACT #5 1 49 Number
of economically significant rules* issued in 1981. Number of economically significant rules issued in 2012. * efined as having an annual effect on D the economy of $100 million or more SOURCE: GW Regulatory Studies Center

FACT #6 80% Rise in
the number of economically significant rules in the past 10 years. SOURCE: Competitive Enterprise Institute

FACT #7 100+ Number of
economically significant rules imposed on business operations since early 2009, with annual costs of more than $46 billion. SOURCE: Government Accountability Office

FACT #8 35% Percent of
economically significant rules issued without a public comment period. SOURCE: Government Accountability Office

FACT #9 10,000+ Number of
pages of Obamacare regulations (eight times longer than the Bible). SOURCE: Competitive Enterprise Institute

FACT #10 398 Number of
rules from Dodd-Frank, of which only 40% have been finalized after three years. SOURCE: DavisPolk

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