The Heritage Foundation

News Releases

May 23, 2016

May 23, 2016 | News Releases on

Obama Era Regulations Now Top $100 Billion Annually

“An unparalleled expansion of the regulatory state.” That’s how Heritage Foundation analysts Diane Katz and James Gattuso describe President Obama’s regulatory record in a new report released today.

The report, “Red Tape Rising, 2016,” documents that the Obama Administration since 2009 has increased regulatory costs by $108 billion a year, adding 229 new major regulations. More than $22 billion in new regulatory burden was added in 2015 alone, with the imposition of 43 new major rules.

“This rampant rulemaking doesn’t just hurt businesses, it hits consumers hard,” said Katz. “Every household is affected by restricted access to credit; higher energy rates; fewer health care choices and higher medical costs; and reduced Internet investment and innovation. The need for reform is urgent.”

Hundreds more rules are in the pipeline, according to the report, and 2016 could well be Obama’s busiest. Historically, rulemaking increases as presidents scramble to fulfill their regulatory agenda before leaving office.

The full report is available here: http://www.heritage.org/research/reports/2016/05/red-tape-rising-2016-obama-regs-top-100-billion-annually.

You can also view a Daily Signal article on the cost of regulation HERE.

About the Author

Justin Posey Communications Manager, Institute for Economic Freedom and Opportunity and Legal Studies
Media Relations