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President Barack Obama’s administration has added record levels of new regulation in the year 2016, with 18 regulations added for every new law, according to a new analysis by the Competitive Enterprise Institute.
Whilst Congress passed 211 laws over the course of the year, they had an accompanying 3,852 new federal regulations, costing billions of dollars in both implementation and losses to businesses. This was 443 more regulations than 2015.
There was also a record number of pages of red tape, with 97,110 pages printed on the 2016 Federal Register. – READ MORE