Obama administration imposed $181 billion in regulations in 2014, report finds

[MH]

The Obama administration pushed through $181.5 billion in
regulations last year, according to a new report from a
conservative think tank that claimed the rules will lead to
higher energy bills, more expensive consumer goods and fewer
jobs.

The new rules mostly focus on clean energy and vehicle
regulations, said the American Action Forum, which issued the
report Monday. The state that was hit the hardest by new
regulations was California, which was slapped with $7.9 billion
in new rules, followed by Texas ($6.5 billion) and Ohio ($3.4
billion).

"What do these huge sums mean for individuals? Higher energy
prices, pricier household goods, a more expensive mortgage, and
the promise of yet another year of unrelenting regulatory
growth," concludes the report, which was authored by Sam
Batkins, the group's director of regulatory policy. "No one can
accuse the president of abandoning his promises on regulation in
2014."

The report also found that the Dodd-Frank financial regulatory
act and ObamaCare contributed, adding $16.7 billion and $1.9
billion in total costs, respectively. That brings the total cost
of ObamaCare, which was passed into law in 2010, to $41.3
billion, according to the report.

In a similar report issued last week, the right-leaning
Competitive Enterprise Institute found that the Federal
Register, which, among other records, publishes rules and
regulations of federal agencies, stood at 78,978 pages at the
end of 2014, the fifth-highest count ever.

The American Action Forum was founded in 2009 by Douglas Holtz-
Eakin, a former director of the Congressional Budget Office.

http://www.foxnews.com/politics/2015/01/06/obama-administration-
passed-181-billion-in-regulations-in-2014-report-finds/