Regulatory Burden Under Biden Soars to $1.6 Trillion and 292 Million Paperwork Hours

A 15-month congressional investigation into America’s growing regulatory burden has revealed that the cost of the over 900 final rules adopted under President Joe Biden has eclipsed that of any prior administration and is causing America’s small business to suffer. During its long-running probe into federal agencies’ compliance with the Regulatory Flexibility Act (RFA), the House Committee on Small Business reviewed a ream of proposed and final regulations, sent dozens of letters to a bevy of federal agencies, and held 13 hearings on the nation’s regulatory burden—before issuing its report on May 22 that found that the regulatory state under President Biden has gotten “dramatically worse.”...