Peter1469
01-13-2019, 06:01 AM
Trump Administration Issues Fewest New Regulations in History (https://pjmedia.com/trending/trump-administration-issues-fewest-new-regulations-in-history/)
And that is a good thing.
How many federal regulations are there? Some people count the pages of the Federal Register, which issues proposed and final rules. As a measure of government regulatory activity it might be useful, but otherwise not. Many pages in the Register do not contain regulations, so if you say (https://www.politifact.com/truth-o-meter/statements/2016/jan/29/ben-carson/ben-carson-stacked-total-pages-regulations-2015-ar/) there were 81,000 pages published in the Federal Register in 2015, it doesn't tell you much.
A good guesstimate (https://www.quora.com/How-many-federal-regulations-are-there-in-the-United-States) of the number of total regulations came from the Congressional Research Service. (https://fas.org/sgp/crs/misc/R43056.pdf)
75,000 pages of fine print per year, with more than 5,000 significant sets of rules per year on average, taking up roughly 30% of the pages … since 1975 this comes to on the order of 200,000 major rules, using on the order of 800,000 pages of fine print.
This does not count minor rules and regulations not placed in the Federal Register.
Every single one of those regulations carries with it the force of law and, as thousands of businesses in every industry have discovered, ignorance of the law is not an excuse.
It's no wonder that one of the fastest growing job titles in America for the last few decades has been "Regulatory Compliance Officer."
The Competitive Enterprise Institute has some good news for beleaguered U.S. businesses. They issued a year-end report that says the second-fewest number of new regulations were issued in history in 2018.
Trump's first term saw the fewest number of regulations in history.
And that is a good thing.
How many federal regulations are there? Some people count the pages of the Federal Register, which issues proposed and final rules. As a measure of government regulatory activity it might be useful, but otherwise not. Many pages in the Register do not contain regulations, so if you say (https://www.politifact.com/truth-o-meter/statements/2016/jan/29/ben-carson/ben-carson-stacked-total-pages-regulations-2015-ar/) there were 81,000 pages published in the Federal Register in 2015, it doesn't tell you much.
A good guesstimate (https://www.quora.com/How-many-federal-regulations-are-there-in-the-United-States) of the number of total regulations came from the Congressional Research Service. (https://fas.org/sgp/crs/misc/R43056.pdf)
75,000 pages of fine print per year, with more than 5,000 significant sets of rules per year on average, taking up roughly 30% of the pages … since 1975 this comes to on the order of 200,000 major rules, using on the order of 800,000 pages of fine print.
This does not count minor rules and regulations not placed in the Federal Register.
Every single one of those regulations carries with it the force of law and, as thousands of businesses in every industry have discovered, ignorance of the law is not an excuse.
It's no wonder that one of the fastest growing job titles in America for the last few decades has been "Regulatory Compliance Officer."
The Competitive Enterprise Institute has some good news for beleaguered U.S. businesses. They issued a year-end report that says the second-fewest number of new regulations were issued in history in 2018.
Trump's first term saw the fewest number of regulations in history.