The document outlines 10 shocking facts about regulation in the United States. It reports that the annual cost of the regulatory system is $1.8 trillion according to the Competitive Enterprise Institute. It also notes that the number of pages in the federal code of regulations has grown from 22,877 in 1960 to 174,545 today. Additionally, the average review time for new regulations has increased from 30 days in 1994 to 80 days in 2012.

1. 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!
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