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SHOCKING FACTS
ABOUT REGULATION
FACT #1

$1.8 trillion
Annual cost of the regulatory system.
SOURCE: Competitive Enterprise Institute
FACT #2
22,877

174,545

Pages in the code of
federal regulations in 1960.

Pages in the code of
federal regulations today.

SOURCE: Competitive Enterprise Institute
FACT #3
30 days

80 days

Average review time
for a regulation in 1994.

Average review time
for a regulation in 2012.

SOURCE: Administrative Conference of the United States
FACT #4
48%

23%

Percentage of Americans
who say there is too
much regulation.

Percentage of Americans
who say there is too
little regulation.

SOURCE: Gallup
FACT #5
1

49

Number of economically
significant rules*
issued in 1981.

Number of economically
significant rules
issued in 2012.

* efined as having an annual effect on
D
the economy of $100 million or more

SOURCE: GW Regulatory Studies Center
FACT #6

80%

Rise in the number of economically
significant rules in the past 10 years.
SOURCE: Competitive Enterprise Institute
FACT #7

100+
Number of economically significant rules
imposed on business operations since early 2009,
with annual costs of more than $46 billion.
SOURCE: Government Accountability Office
FACT #8

35%
Percent of economically significant rules
issued without a public comment period.
SOURCE: Government Accountability Office
FACT #9

10,000+
Number of pages of Obamacare regulations
(eight times longer than the Bible).
SOURCE: Competitive Enterprise Institute
FACT #10

398
Number of rules from Dodd-Frank, of which
only 40% have been finalized after three years.
SOURCE: DavisPolk
ANY FACTS WE MISSED?
LET US KNOW!
	/USChamber
	@USChamber
	/USChamber
	/USChamber

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10 Shocking Facts About Regulation

  • 2. FACT #1 $1.8 trillion Annual cost of the regulatory system. SOURCE: Competitive Enterprise Institute
  • 3. FACT #2 22,877 174,545 Pages in the code of federal regulations in 1960. Pages in the code of federal regulations today. SOURCE: Competitive Enterprise Institute
  • 4. FACT #3 30 days 80 days Average review time for a regulation in 1994. Average review time for a regulation in 2012. SOURCE: Administrative Conference of the United States
  • 5. FACT #4 48% 23% Percentage of Americans who say there is too much regulation. Percentage of Americans who say there is too little regulation. SOURCE: Gallup
  • 6. FACT #5 1 49 Number of economically significant rules* issued in 1981. Number of economically significant rules issued in 2012. * efined as having an annual effect on D the economy of $100 million or more SOURCE: GW Regulatory Studies Center
  • 7. FACT #6 80% Rise in the number of economically significant rules in the past 10 years. SOURCE: Competitive Enterprise Institute
  • 8. FACT #7 100+ Number of economically significant rules imposed on business operations since early 2009, with annual costs of more than $46 billion. SOURCE: Government Accountability Office
  • 9. FACT #8 35% Percent of economically significant rules issued without a public comment period. SOURCE: Government Accountability Office
  • 10. FACT #9 10,000+ Number of pages of Obamacare regulations (eight times longer than the Bible). SOURCE: Competitive Enterprise Institute
  • 11. FACT #10 398 Number of rules from Dodd-Frank, of which only 40% have been finalized after three years. SOURCE: DavisPolk
  • 12. ANY FACTS WE MISSED? LET US KNOW! /USChamber @USChamber /USChamber /USChamber