Obama's reg tab: $890B, study finds

Obama's reg tab: $890B, study finds
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President Obama issued more than $890 billion worth or regulations during his tenure in the White House, according to a new study from the center-right American Action Forum (AAF).

This included $24 billion in midnight regulations issued in January.

“The costs of these $890 billion in burdens must be borne by someone, and it is the American people who inevitably end up paying for these rules in some form,” said Sam Batkins, director of regulatory policy at AAF.

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The Environmental Protection Agency (EPA) issued $344 billion worth of regulations during the Obama administration, according to the study, which was by far the most expensive set of rules from any federal agency.

The Department of Energy became the second-most expensive agency, issuing $194 billion in regulatory burdens over the last eight years.

As it worked to implement ObamaCare provisions, the Department of Health and Human Services (HHS) issued $104 billion in regulations.

The Department of Transportation issued $58 billion in regulatory burdens, while the Department of Labor dropped $56 billion worth of rules during the Obama administration.

This amounted to the Obama administration averaging more than $111 billion in regulatory burdens each year, according to AAF. By comparison, the George W. Bush administration averaged $42 billion.