The Patriot Post® · Cost of Cutting Red Tape
Barack Obama loves to brag about how he’s running a smarter government, but Executive Order 13563, which was ostensibly designed to “cut red tape” by eliminating “redundant, inconsistent, or overlapping” regulations, has actually added $10.2 billion in regulatory burdens to the already sluggish economy. That comes largely due to 1.5 billion additional hours of paperwork – a 17% increase – necessary to comply with regulations. “It would take more than 750,000 employees working full-time to complete the new annual paperwork added since 2010,” said Sam Batkins, director of regulatory policy at American Action Forum.