Biden Regulations Have Cost $1.8 Trillion, 800 Times That of Trump's
By Charlie McCarthy | Thursday, 14 November 2024 02:05 PM EST
The Biden administration's federal regulations have cost a staggering $1.8 trillion, more than 800 times what Trump administration regulations cost, according to an independent policy institute.
The American Action Forum (AAF), which describes itself as center-right, says President Joe Biden's regulations included 1,1074 rules and took up 342.9 hours of paperwork.
During his first administration, President-elect Donald Trump imposed 1,192 regulations that accounted for 292.8 hours and $2.1 billion.
Former President Barack Obama's administration included 1,441 rules that covered $491.3 billion and 288.9 hours.
The Biden paperwork total stands at about 50 million hours ahead of the respective Trump and Obama totals.
The Biden administration broadly restored regulations similar to those imposed by the Obama administration while also charting its own course in compiling the shocking cost.
"It's quite a number," AAF Director of Regulatory Policy Dan Goldbeck said of Biden's total cost, the Washington Examiner reported.
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READ MORE: https://www.newsmax.com/us/regulations-cost-president/2024/11/14/id/1188090/
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