Posted 1/2/2024, 3:42:00 PM
Biden Administration Sets Record for New Regulations
- Biden administration promulgated over $745 billion in new regulations in 2023, greatly exceeding Trump and Obama administrations
- 743 total rules under Biden to date have a cost of $447 billion and paperwork burden of 277 million hours
- New energy efficiency standards for fridges and freezers expected to save $5 billion per year but add regulations
- Regulations criticized by Republican lawmakers and officials as wasteful and harmful to small businesses and families
- Biden administration using federal agencies to advance left-wing policy agenda through regulations