{"id":507072,"date":"2010-04-02T19:10:32","date_gmt":"2010-04-02T23:10:32","guid":{"rendered":"http:\/\/www.szone.us\/f95\/red-tape-rising-regulation-obama-era-41789\/"},"modified":"2010-04-02T19:10:32","modified_gmt":"2010-04-02T23:10:32","slug":"red-tape-rising-regulation-in-the-obama-era","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/507072","title":{"rendered":"Red Tape Rising: Regulation in the Obama Era"},"content":{"rendered":"<div>On 04.02.10 10:07 AM posted by Steve Keen<\/p>\n<p>Americans are endlessly paying taxes&#8211;on their income, on their property, on almost anything they purchase. But the heavy burden that the U.S. government places on its citizens does not stop there. It continues with a slew of hidden taxes imposed by an ever-larger number of government regulations. These regulatory taxes do not appear on any balance sheet, yet cost Americans about $1 trillion every year.<\/p>\n<p>The recently released Heritage Backgrounder, <a href=\"http:\/\/www.heritage.org\/Research\/Reports\/2010\/03\/Red-Tape-Rising-Regulation-in-the-Obama-Era\" >\u0093Red Tape Rising: Regulation in the Obama Era,\u0094<\/a> measures the regulatory impact of the outgoing Bush Administration and the new Obama Administration (following up on earlier assessments released in <a href=\"http:\/\/www.heritage.org\/Research\/Reports\/2004\/09\/Reining-in-the-Regulators-How-Does-President-Bush-Measure-Up\" >2004<\/a> and <a href=\"http:\/\/www.heritage.org\/Research\/Reports\/2008\/03\/Red-Tape-Rising-Regulatory-Trends-in-the-Bush-Years\" >2008<\/a>).<\/p>\n<p>Specifically, the report finds that:<\/p>\n<ul>\n<li>During fiscal year 2009, regulations costing some $14 billion were adopted by the Bush and Obama Administrations, more than in any year since 1992.<\/li>\n<li>A majority of these new regulatory costs were imposed by the outgoing Bush Administration, although costs imposed by the Obama White House were large for an incoming Administration.<\/li>\n<li>Regulatory burdens will likely increase at even higher rates in 2010, given regulatory efforts in health care, energy, financial services, telecommunications, and elsewhere.<\/li>\n<\/ul>\n<p>Anyone who uses electricity, drives a car, has a job, visits a doctor, owns stocks, or patronizes a bank is affected by federal <a href=\"http:\/\/www.heritage.org\/Issues\/Regulation\" >regulation<\/a> and should take note of this report.<\/p>\n<p><a href=\"http:\/\/blog.heritage.org\/2010\/04\/02\/red-tape-rising-regulation-in-the-obama-era\/\" >http:\/\/blog.heritage.org\/2010\/04\/02\/&#8230;the-obama-era\/<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On 04.02.10 10:07 AM posted by Steve Keen Americans are endlessly paying taxes&#8211;on their income, on their property, on almost anything they purchase. But the heavy burden that the U.S. government places on its citizens does not stop there. It continues with a slew of hidden taxes imposed by an ever-larger number of government regulations. [&hellip;]<\/p>\n","protected":false},"author":4292,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-507072","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/507072","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4292"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=507072"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/507072\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=507072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=507072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=507072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}