March 30, 2017
This report, Taming the Administrative State, seeks to inform policymakers and the public about the number and type of regulations that impose the greatest impact on the business community, consumers, and ultimately the U.S. economy.
The analysis, which examined federal rules finalized from 2008-2016, found that only 140 regulations out of more than 32,000 had costs exceeding $100 million. Also, it found an even smaller number of 28 “high-impact rules” or regulations that each cost more than $1 billion annually.
The report identifies the most costly and transformative regulations so that Congress and federal agencies are better able to develop a process that will ensure future regulations achieve congressional intent and avoid agency overreach.