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Mar 19

No one even knows how many federal agencies there are

Columnist Paul Driessen discusses a recent report by the Competitive Enterprise Institute, “Ten Thousand Commandments.”

The report details the bone-crushing costs of federal regulations. Regulations keep business from starting. Regulations keep poor people from launching successful careers. Regulations make America poorer. See here.

No one even knows how many Executive Branch agencies there are – estimates range from 60 to 438 – much less how many new rules they implement and impose each year.

The report estimates that regulations add $1.9 TRILLION dollars of costs (and produce not much benefit) to the economy each year!