CONGRESS IS IRRELEVANT AS 60 GOV AGENCIES MAKES OWN LAWS AKA REGULATION TO WEIGH DOWN FURTHER THE BACKS OF BUSINESSES AND INDEPENDENT INDIVIDUAL AS 16 NEW REGULATIONS FOR EVERY LAW PASSED IN 2014 TO THE TUNE OF 2 TRILLION COST TO THE AMERICAN PEOPLE AS THE LEFTIST AND LIBERALS CAN’T ESCAPE THE CONTROLLING MENTALITY THAT HISTORICALLY GRIPS THE SAME COMMUNISTS AND SOCIALISTIC SOCIETAL FORM OF GOVERNMENT AS THESE HIDDEN COSTS LIKE TAXES GETS PASSED ON TO GUESS WHO YOU THE AMERICAN PEOPLE

The cost of federal regulation neared $2 trillion in 2014, according to a new report by the Competitive Enterprise Institute (CEI).

Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State, a report by Clyde Wayne Crews, CEI’s vice president for policy, also reveals that the U.S. debt now exceeds the size of China’s economy.

“Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices,” amounting to roughly $15,000 per household, the report said.

The report found that the federal bureaucracy—made up of 60 agencies, departments, and commissions—has 3,415 regulations in the process of being finalized, meaning that the number of regulations far surpasses the number of laws passed by Congress.

“In 2014, agencies issued 16 new regulations for every law—that’s 3,554 new regulations compared to 224 new laws,” the report said.

CEI, a 501(c)(3) nonprofit, found that the Departments of the Treasury, Commerce, Interior, Health and Human Services (HHS), Transportation (DOT), and the Environmental Protection Agency (EPA) account for 48 percent of all federal regulations.

The EPA issued 539 final rules in the Federal Register last year, up 12.5 percent in five years.

Enforcing regulations alone cost the government $59.5 billion in 2014.

Government regulation has led to a hidden “tax” for Americans, the report said, as businesses pass along compliance costs to consumers.

http://freebeacon.com/issues/report-cost-of-federal-regulation-reached-1-88-trillion-in-2014/