Wednesday, January 16, 2013

OBAMA MAKES GOVERNMENT MORE EXPENSIVE


$518 BILLION in regulations since Obama took office
Breitbart – Warner Todd Huston – 1/16/2013

$236.7 billion – 2012
87 million man hours
$518 billion – during “recovery”

Despite Obama's promise to cut unnecessary regulations, his administration issued $236.7 billion in new rules in 2012.

According to a report by the American Action Forum, headed by former Congressional Budget Office Director Douglas Holtz-Eakin, the direct costs of the regulations force American businesses to waste 87 million man-hours to fill out regulatory paperwork.

Adding Obama's 2012 regulatory costs to that of the rest of his first term adds up to a total of $518 billion in new costs forced onto an already anemic economic recovery.


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