CEI Podcast for June 3, 2014: EPA Proposes Major Carbon Emission Regulation

springfield nuclear power plant
Have a listen here.

Senior Fellow William Yeatman breaks down a proposed EPA regulation intended to significantly reduce carbon emissions in the U.S.

Regulatory Costs Hit Home

Over at RealClearPolicy, Wayne Crews and I have a short piece on regulatory costs, which are now just under $15,000 per family per year.

If it were its own country, the federal regulatory state would be the world’s tenth-largest economy — larger than that of Canada, Italy, or India. Federal regulations amount to a hidden tax of almost $15,000 per household. That’s more than families spend on food, clothing, health care, education, and other necessities. Only housing costs more. Factor in regulation, and the federal government is half again as large as most people think it is.

Read the whole thing here. Data are from Wayne’s new Ten Thousand Commandments report.

CEI’s Battered Business Bureau: The Week in Regulation

kiwi
The Memorial Day-shortened work week still saw the Federal Register grow by 1,200 pages, with more than 60 new regulations published.

On to the data:

  • Last week, 62 new final regulations were published in the Federal Register. There were 66 new final rules the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 43 minutes.
  • So far in 2014, 1,352 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,250 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,200 new pages were added to the Federal Register.
  • Currently at 31,167 pages, the 2014 Federal Register is on pace for 74,921 pages, which would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 18 such rules have been published so far this year, one of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $1.82 billion to $2.19 billion. They also affect several billion dollars of government spending.
  • 116 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 265 new rules affect small businesses; 39 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

CEI Podcast for May 29, 2014: Rachel Was Wrong

screen-shot-2014-05-27-at-9-34-56-amHave a listen here.

Google recently commemorated Rachel Carson and her influential book Silent Spring with a Google Doodle on its homepage. Seeing as Carson’s book set malaria prevention back decades, CEI Senior Fellow Angela Logomasini thinks there are other figures more deserving of such tributes.

CEI’s Battered Business Bureau: The Week in Regulation

white rhino
The Federal Register passed the 30,000-page mark on Friday, at least by unadjusted page count. After accounting for skips and blank pages, the adjusted count, which this series tracks, stands at a still-impressive 29,967 pages, and will shoot past 30,000 pages on Tuesday.

On to the data:

  • Last week, 66 new final regulations were published in the Federal Register. There were 77 new final rules the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 33 minutes.
  • So far in 2014, 1,290 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,225 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,397 new pages were added to the Federal Register.
  • Currently at 29,967 pages, the 2014 Federal Register is on pace for 74,918 pages, which would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 17 such rules have been published so far this year, one of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $1.77 billion to $2.14 billion. They also affect several billion dollars of government spending.
  • 110 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 254 new rules affect small businesses; 36 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

Debunking Cognitive Biases

My former professor Bryan Caplan stars in a series of short videos about four cognitive biases that explain why voters systematically vote for bad policies. You can read about them in detail in his 2007 book Myth of the Rational Voter, or you can watch these videos:

Make-Work Bias

Pessimistic Bias

Anti-Market Bias

Anti-Foreign Bias

What Hollowed Out Military?

Politico ran a story earlier this week with the headline “How Congress Is Hollowing Out the Military.” Congress is forcing the Pentagon to pay for many expensive weapons programs it neither wants nor needs. This leaves less funding available for defense-related defense spending. Sequestration is putting further pressure on military finances. In fact, the winding down of Iraq and, one hopes, Afghanistan, have led to actual cuts in the DOD’s budget. The authors worry about how this could affect military readiness if an actual defense-related conflict were to arise.

To put this hollowness in context, I looked up a historical table (Excel format) of agency spending. It turns out the military has more than doubled its spending since 2000, from $290 billion to $586 billion in 2014. This is down from a 2010 peak of $695 billion, when Iraq and Afghanistan (and everywhere else the last two adminstrations have ventured) were more fiercely contested than today. The current defense budget is hardly austere.

I would be delighted to see Congress scrap unneeded weapons programs, though public choice problems probably preclude it. Regardless of political developments going forward, defense hawks need not worry about the Pentagon’s budget. Its long-run growth is practically assured, regardless of who is in power.

CEI Podcast for May 20, 2014: Phones On a Plane

samuel jackson plane
Have a listen here.

CEI Fellow Marc Scribner supports the FCC’s attempt to lift a ban on in-flight cell phone use, and explains its broader legal ramifications.

CEI’s Battered Business Bureau: The Week in Regulation

walk-in cooler
Another normal week in the regulatory world, with nearly 80 rules covering everything from fireworks shows to walk-in freezers.

On to the data:

  • Last week, 77 new final regulations were published in the Federal Register. There were 58 new final rules the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 11 minutes.
  • So far in 2014, 1,224 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,221 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,772 new pages were added to the Federal Register.
  • Currently at 28,570 pages, the 2014 Federal Register is on pace for 75,185 pages, which would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 16 such rules have been published so far this year, one of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $1.77 billion to $2.14 billion. They also affect several billion dollars of government spending.
  • 104 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 245 new rules affect small businesses; 33 of them are classified as significant.

Highlights from selected final rules published last week:

  • This week’s economically significant rule comes from the Defense Department. It pays for a number of voluntary outside educational programs for its employees, which accounted for $84 billion in spending during FY 2013. Administrative costs and other compliance issues cost an estimated $413,500, which is all that I’m adding to our running compliance cost tally.
  • On May 17, there was a fireworks show in the San Diego Bay. The federal government established a safety zone near where the fireworks were set off.
  • If you grow cotton and would like to know what grade it is, be glad the Agricultural Marketing Service is keeping its cotton grading prices the same as last year – $2.20 per bale.
  • Ambient air quality standards for Iowa.
  • Georgia, too.
  • Energy efficiency standards for walk-in coolers and freezers.

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

CEI Podcast for May 14, 2014: Federal Ban on Online Gambling?

Online-Gambling
Have a listen here.

CEI Fellow Michelle Minton discusses why a federal ban on online gambling would be counterproductive.