New record: Biden’s swamp uncorked $1.8 trillion in regulations
Former President Joe Biden’s green light to federal regulators resulted in a historic increase in costs and red tape that landed on everyone.
According to a new audit of the regulations and rules unleashed by the Biden bureaucracy, the one-term Democratic president broke all records in total costs and added paperwork.
“According to the aggregated collection of self-reported estimates from federal agencies, the cumulative total of regulatory costs under the Biden administration added up to more than $1.8 trillion — far exceeding any preceding administration on record,” the report from American Action Forum noted.
What’s more, the regulatory watchdog found that Biden added 356 million new hours of paperwork to Wall Street and Main Street.
https://www.msn.com/en-us/news/politics/new-record-biden-s-swamp-uncorked-1-8-trillion-in-regulations/ar-AA1y4DQ9?ocid=msedgdhp&pc=HCTS&cvid=918ab985d7b141c4959504a9e33f0d1c&ei=27