CEI’s Battered Business Bureau: The Week in Regulation

by Ryan Young on May 7, 2012

in Regulation

Just another week in the world of regulation:

  • 70 new final rules were published last week, down from 81 the previous week. That’s the equivalent of a new regulation every 2 hours and 24 minutes — 24 hours a day, 7 days a week. All in all, 1,265 final rules have been published in the Federal Register this year. If this keeps up, the total tally for 2012 will be 3,704 new rules.
  • 1,307 new pages were added to the 2012 Federal Register last week, for a total of 26,614 pages. At this pace, the 2012 Federal Register will run 76,478 pages.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. The 19 such rules published so far in 2012 have compliance costs of at least $15.4 billion. Two of the rules do not have cost estimates, and a third cost estimate does not give a total annual cost. We assume that rules lacking this basic transparency measure cost the bare minimum of $100 million per year. The true cost is almost certainly higher.
  • One economically significant rule was published last week. There were a total of 8 significant actions last week, as defined by Executive Order 12866. So far, 147 significant final rules have been published in 2012.
  • 4 of last week’s final rules affect small business. So far this year, 247 final rules affect small businesses. 36 of them are significant rules.

Highlights from final rules published last week:

For more data, updated daily, go to TenThousandCommandments.com.

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