From: American Action Forum
The administration approved 49 regulations last month. Total regulatory costs hit $8.9 billion, with $1.3 billion in annual burdens, and more than 26 million paperwork burden hours. Despite this output, there does not appear to be a surge in regulation thus far.
In our series tracking regulation in the final year of the Obama Administration, this month once again proved the administration is on a record pace to issue significant regulation. Last month, the administration approved 15 significant rules and that figure declined to 12 in August, but it was still more than any comparable period in the past 20 years.
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