Wednesday, June 12, 2013

Congress now meaningless v regulation: In 2011 the US passed 81 laws but issued 3807 new regulations which have the same force as law

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7/22/12, "The Cost Of Government Regulation: $1.75 Trillion," Zero Hedge

"From Bill Buckler, author of The Privateer, The Cost Of "Intervention"

"In the US, the federal government lists its regulations in what is called the Code of Federal Regulations. These rules of the economic “game” cover 169,000 pages and more than ten new ones are added every day, seven days a week and 365 days a year.  

In 2011, the US Congress passed a total of 81 new “laws” while government agencies issued 3,807 new regulations. As the CEI points out, if there ever was an example of government without the consent of ANYONE - this is it."

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4/22/13, "Costs of New Regulations issued in 2012 Dwarf those of Previous Years, according to OMB Report," Regulatory Studies Center, George Washington University 
(pdf of article contains numerous links)

"The Office of Management and Budget quietly released its draft 2013 Report to Congress on the Benefits and Costs of Regulations on Friday, April 19, covering regulatory activity through the end (September 30) of fiscal year 2012....By the administration’s own estimates, the rules it issued in FY2012 alone imposed more costs on the economy than all the rules issued during the entire first terms of Presidents Bush and Clinton, combined."...

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12/15/11, "Regulation for Dummies," Wall St. Journal


"The White House says its rule-making isn't costly or unusual. The evidence shows otherwise."











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