Despite a proposal from the Department of Transportation to cut $81 million in costs, regulatory burdens still escalated this week. Annual burdens were $245 million, compared to $829 million in benefits; paperwork grew more than 2.5 million hours. EPA’s methane emissions standards for landfills led the week. The per capita regulatory burden for 2015 is $424.
Courtesy of the Securities and Exchange Commission (SEC), regulators published more than $2 billion in costs. Annual burdens were $548 million, compared to just $75 million in benefits; paperwork accelerated by more than 2.8 million hours. SEC’s punitive “Pay Ratio” rule, ostensibly related to Dodd-Frank, led the week.
This week regulators published $205 million in total regulatory costs, led by a proposal for new efficiency standards for ceiling fan light kits. Annualized burdens were $127 million, compared to $65 million in benefits; paperwork increased by more than 139,000 hours.
Regulatory costs increased modestly, exceeding $131 million for the week. Annual burdens were $51 million, with $256 million in benefits; paperwork accelerated by almost 300,000 hours. The Department of Labor’s (DOL) Beryllium exposure proposal led all rules.
The regulatory pace slowed again this week, with just $152 million in total burdens. Annual costs were $131 million, with no quantified benefits. Despite the slow week, however, paperwork accelerated by 2.5 million hours. The Department of Interior’s (Interior) “Stream Protection Rule” led all rulemakings in costs and paperwork.
After a record-setting week, regulators cooled down a bit and imposed just $562 million in regulatory burdens. Annualized costs were $300 million, compared to $9.7 million in benefits; paperwork hours accelerated by 2.5 million. A Department of Defense (DOD) rule concerning consumer credit led the week.
Full speed ahead. Regulators published more than $34.5 billion in regulatory burdens this week, taking the nation beyond $132 billion in costs for 2015. To put that figure in perspective, that’s $413 for every person in the U.S.
Regulators wasted no time emerging from the July 4 holiday by publishing more than $2.1 billion in costs. Annualized burdens were $389 million, compared to $182 million in benefits; paperwork accelerated by 1.4 million hours. The administration’s proposal expanding overtime led the week. The current regulatory burden for the year stands just $1.8 billion away from the $100 billion threshold.
Thanks to the infamous “Waters of the United States” (WOTUS) rule from EPA, regulatory costs increased by more than $500 million. Annualized burdens were $497 million, with no benefit figures, and just 707 paperwork burden hours.
After two weeks of more than $25 billion in regulatory burdens, regulators took a week off, imposing just $40 million in burdens while cutting almost 500,000 paperwork hours. Annualized costs were $40 million, compared to $402 million in benefits. A rule on motor vehicle safety led the week.