The American Action Forum has added up the cost for all new government regulations imposed by the Obama Administration. The organization notes that "The estimated $488 billion is not a ceiling, but a floor of the Administration’s regulatory record. Independent cost estimates routinely report higher figures than initial government estimates. All of these numbers are from the government’s own estimates."
Data source: AAF
Michael Isenberg is the author of Full Asylum, a novel about politics, freedom, and hospital gowns. Check it out on Amazon.com.
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