CEI’s Battered Business Bureau: The Week In Regulation

by Ryan Young on July 16, 2012 · 1 comment

in Features, Regulation

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Just another week in the world of regulation:

  • 84 new final rules were published last week, down from 71 the previous week.
  • That’s the equivalent of a new regulation precisely every 2 hours — 24 hours a day, 7 days a week.
  • All in all, 2,144 final rules have been published in the Federal Register this year.
  • If this keeps up, the total tally for 2012 will be 4,024 new rules.
  • 1,412 new pages were added to the 2012 Federal Register last week, for a total of 40,596 pages.
  • At its current pace, the 2012 Federal Register will run 75,178 pages.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. The 25 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 rule was published last week.
  • So far, 216 final rules that meet the broader definition of “significant” have been published in 2012.
  • So far this year, 386 final rules affect small businesses. 59 of them are significant rules.

Highlights from final rules published last week:

For more data, go to TenThousandCommandments.com

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