According to an American Action Forum (AAF) report released Tuesday, the regulatory costs imposed by the Obama administration amounted to $181.5 billion. The Hill,
“The year was highlighted by EPA’s proposed Clean Power Plan, which the administration admitted would raise electricity prices by more than six percent by 2020, not to mention the $8.8 billion price tag,” the center-right policy group said in its report.
“Amazingly, the CPP was not the most expensive measure in 2014. EPA’s proposed ozone rule, which could force dozens of state and national parks into non-attainment, could impose $15 billion in costs.”
Proposed and final rules accounted for 79,066 pages of regulation; the Affordable Care Act was among the most expensive, with its provision requiring calorie labels on all restaurant menus and vending machines.
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