Week In Regulation: Another $4.7 Billion in Regulation
The unrelenting pace of regulation continued this week as regulators published another $4.7 billion in costs. Annualized burdens were $2 billion, compared to $1.2 billion in environmental and energy savings benefits. Thanks to a Department of Education proposal, paperwork declined by 6,800 hours. Final fracking standards and proposals to tighten water heating efficiency and the renewable fuels standard for 2017 and 2018 led the week. The per capita regulatory burden for 2016 is $332.