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Nearly double the cost of the first three years of Bush and Clinton combined.
As Adam White discusses in detail, there’s nothing moderate or incremental about the increase in federal regulations — and hence in centralized executive power — under President Obama. To the contrary (as White notes), according to figures published by the Obama White House (see table 2-1), the costs of regulations issued by this administration have dwarfed the costs of regulations issued by prior administrations.
In fact, as the chart below shows, the costs of “major” regulations — those estimated to cost at least $100 million in any one year (in 2001 dollars) — issued by the Obama administration in its first three years nearly tripled the cost of those issued by the Clinton administration in its first three years, nearly quintupled the cost of those issued by the George W. Bush administration in its first three years, and nearly doubled the cost of those issued by Bush and Clinton combined. Again, that’s according to the Obama White House’s own tallies.
