Biden reversal of Trump deregulation cost taxpayers $309B: Report
Biden reversal of Trump deregulation cost taxpayers $309B: Report
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The Facts Inside Our Reporter’s Notebook The Biden administration has created a bevy of new federal regulations amid rising inflation that experts believe has made the problem worse and cost the economy at least $309 billion.
The Biden administration has issued 450 new rules as of Nov. 4, which would require roughly 197 million hours in paperwork for American businesses, the American Action Forum estimates, according to the Washington Times.
By contrast, the Obama administration had imposed 647 rules by the same point in his presidency, costing $205 billion for the U.S. economy. AAF estimates that said rules created 87...
Source: https://justthenews.com/politics-policy/biden-reversal-trump-deregulation-cost-taxpayers-309b-report?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators
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