The Liberty Amendments: Restoring the American Republic

by Mark R. Levin

annual regulatory compliance costs amounted to $1.752 trillion.20 In 2012, the Obama administration issued new regulations costing $236 billion. New EPA regulations alone resulted in $172 billion in regulatory costs.21 The 2012 Federal Register, the official federal publication documenting administrative rules and proposed rules, exceeded 77,000 pages. The 2011 and 2010 Federal Registers were 81,247 and 81,405 pages long, respectively. In 2011, regulatory agencies issued 3,807 final rules, yet Congress passed and the president signed 81 laws.22 In 2012, the bureaucracy reportedly issued 212 “economically significant” federal rules, each projected to impose more than $100 million in economic costs. In the last ten years, the issuance of economically significant rules has increased 108 percent.