EPA Regulations Cost How Much?!

Over at the Daily Caller, I summarize my recent CEI Regulatory Report Card on the EPA. Recommended if you don’t feel like reading the entire document (though it is a mere six pages). Here’s a taste:

Transparency is the lifeblood of democracy. Washington needs more of it, especially in the all-too-opaque world of regulation. The Environmental Protection Agency (EPA), for example, is the most expensive federal regulatory agency. Its annual budget is fairly modest in Beltway terms, at a little less than $11 billion, but that’s not where the vast majority of its costs come from. Complying with EPA regulations costs the U.S. economy $353 billion per year — more than 30 times its budget — according to the best available estimate. By way of comparison, that is more than the entire 2011 national GDPs of Denmark ($332 billion) and Thailand ($345 billion).

That figure doesn’t come from the EPA, which last released such an estimate in 1990, but from the Competitive Enterprise Institute’s Wayne Crews, who parsed through publicly available documents, cost estimates of economically significant regulations, and whatever else he could find. That so much effort was required is part of the problem.

Read the whole thing here. Note that two important pieces of EPA news have dropped since I wrote the piece: EPA head Lisa Jackson has resigned, and the overdue Unified Agenda, which contains forthcoming rules, was finally released the Friday before Christmas — timing which suggests the administration would like to minimize publicity of its contents.

Advertisements

One response to “EPA Regulations Cost How Much?!

  1. Robert And Helen Harrisson

    You can cancell Rules/regulations,write obit,Jackson leaving EPA! POPPOP

    Sent from my iPad

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s