Biden-Harris added over a trillion dollars in regulatory cost
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The Biden-Harris administration has saddled taxpayers with a staggering $1.8 trillion in regulatory costs, according to a watchdog group committed to promoting free-market policies. This figure highlights the stark contrast between Biden’s heavy-handed regulatory approach and the deregulatory stance expected when President-elect Donald Trump returns to the White House in January.
Dan Goldbeck, director of regulatory policy at the American Action Forum (AAF), highlighted the Biden administration’s impact in a recent analysis.
Writing shortly after the election, Goldbeck noted that the outcome signals “a return of the Trump Administration and its more deregulatory posture come January 20, 2025.”
However, he warned that Biden’s bureaucrats are poised to impose even more regulatory burdens before Trump’s inauguration.
“For the time being … agencies under the current Biden Administration continue their regulatory programs apace,” Goldbeck explained. He pointed to recent rule-makings, including a Department of Homeland Security proposal on cybersecurity and a Department of Health and Human Services rule imposing significant administrative burdens.
“Across all rulemakings, agencies published $3.1 billion in total costs and added 3.5 million annual paperwork burden hours,” he added.
The AAF compared the regulatory costs of the last three administrations, revealing Biden’s record-setting $1.8 trillion in burdens. In contrast, Trump’s first administration added just $2.1 billion, while Obama’s regulations cost $491.3 billion.
Clyde Wayne Crews of the Competitive Enterprise Institute called Biden’s more-than $1 trillion regulatory costs for 2024 “shocking,” pointing out that the Environmental Protection Agency’s Multi-Pollutant Emissions Standards alone account for $870 billion.
Crews noted that the incoming Trump administration plans to reintroduce its aggressive deregulatory strategy, aiming to eliminate ten rules for every new significant regulatory action.
Crews also highlighted another dubious Biden milestone: the administration has added 89,476 pages to the Federal Register this year, the second-highest yearly total in history — with over a month left to go.
Federal Election Commission Chairman Sean Cooksey has urged Republicans in Congress to block any last-minute rules rushed through by Biden’s agencies.
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The Biden regime clearly pandered to the climate kooks who wasted billions trying to control the weather. The reckless spending appears to have no effect on the normal temperature or rainfall. My experience has been that the temperatures remain virtually the same as they were when Trump was in office despite the lavish spending under Biden. Increased paperwork did not make things cooler.
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