Total costs were modest this week, with $66 million in burdens, compared to $42 million in annualized costs and $334 million in benefits. Thanks to a Department of Education (ED) proposal, paperwork accelerated by more than 3.6 million hours. One Dodd-Frank proposal contained minor burdens.
The pace that regulators set last week slowed, with $121 million in total burdens. Annual costs were $58.6 million, compared to $18.4 million in benefits; paperwork accelerated by more than 127,000 hours. A Securities and Exchange Commission (SEC) proposal implementing Dodd-Frank led the week.
Regulators added $2.6 billion in costs this week, led by a final rule to enhance rail car standards. Annualized burdens were $239 million, which equaled annual benefits. Paperwork hours increased by more than 685,000.
The regulatory pace slowed this week, with just $191 million in rulemaking burdens. Annual costs were $90 million, compared to $200,000 in benefits; paperwork increased by 1.2 million hours. A Food and Drug Administration (FDA) regulation on antiseptics led the week.
Regulators published at a fevered pace this week, with more than $5.8 billion in total costs. Annual burdens were $667 million, compared to $3 billion in benefits. Regulators added more than 2.4 million paperwork burden hours. The administration’s onerous “fiduciary” rule led the week.
After 118 days of waiting for publication, EPA finally published its coal ash rule in the Federal Register. At $23 billion in total costs and plenty of legal battles to fight, perhaps EPA had its reasons for delaying publication.
This week regulators added $95 million in total costs, $72 million in annualized burdens, and actually cut more than 100,000 paperwork burden hours. It was a slow week, with only six regulations that monetized costs or hours, but a Food and Drug Administration (FDA) proposal on “Food Facilities” and an EPA rulemaking on regional haze for Arkansas led the pack.
Regulators added more than $1.8 billion in total burdens this week. Annualized costs were $772 million, compared to $218 million in benefits, and more than 30,000 new paperwork burden hours. A dual pair of energy efficiency standards and health care proposals led the week.
This week, despite a measure to reduce costs and paperwork, regulators added $229 million in total regulatory costs. There were no rulemakings that monetized benefits. The Bureau of Land Management’s (BLM) final fracking rule led the week.
This week, the American Action Forum (AAF) launched five years of research: Reg Rodeo. The online database contains information on every federal rule with a quantifiable cost or paperwork burden since 2008. Users can search federal rules by the affected industry, agency, or by law (Affordable Care Act or Dodd-Frank).