summarized by Paul Driessen:
Federal land, resource and environmental agencies have unleashed tsunamis of regulations in recent years, and President Obama is poised to issue many more before January 20. The total cost of complying with federal rules was about $1 trillion annually in 2006. It has since doubled, raising the federal reporting and compliance burden to $6,000 per person per year, through late-2016.
The Obama Administration has thus far imposed some $743 billion of those new costs, via 4,432 new rules requiring 754 million hours of paperwork, according to a new American Action Forum analysis. The $2 trillion cumulative annual tab is more than all federal individual and corporate taxes collected in 2015; includes 10 billion hours dealing with paperwork; and does not include state or local regulations. Land use and environmental compliance costs account for a sizable and growing portion of this total.
These costs hogtie innovation, job creation and economic growth. They make millions unemployed.
Let's hope there is an initial surge in the number of pages under Trump. Why would I say that? Because most revocations and revisions must first be published in the Federal Register and that would indicate they are actually doing something.