The document outlines 10 shocking facts about regulation in the United States. It reports that the annual cost of the regulatory system is $1.8 trillion according to the Competitive Enterprise Institute. It also notes that the number of pages in the federal code of regulations has grown from 22,877 in 1960 to 174,545 today. Additionally, the average review time for new regulations has increased from 30 days in 1994 to 80 days in 2012.