CEI’s Battered Business Bureau: The Week in Regulation

by Ryan Young on June 11, 2012

in Regulation

Just another week in the world of regulation:

  • 65 new final rules were published last week, up from 58 the previous (holiday-shortened) week. That’s the equivalent of a new regulation every 2 hours and 35 minutes — 24 hours a day, 7 days a week. All in all, 1,629 final rules have been published in the Federal Register this year. If this keeps up, the total tally for 2012 will be 3,726 new rules.
  • 1,298 new pages were added to the 2012 Federal Register last week, for a total of 34,127 pages. At this pace, the 2012 Federal Register will run 76,863 pages.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. The 24 such rules published so far in 2012 have compliance costs of at least $14.5 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.
  • No economically significant rules were published last week. So far, 187 significant final rules have been published in 2012.
  • So far this year, 311 final rules affect small businesses. 50 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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