Submitted by Cry Wolf Project on January 1, 2010 - 11:41am
Date Published:
Fri, 01/01/2010
Office of Management and Budget. 2010.
“2010 Report to Congress on the Benefits and Costs of Federal Regulations and Unfunded Mandates on State, Local, and Tribal Entities” is a major review of all the federal government's regulations. The report chronicles the costs and benefits of all federal regulations between 1999 and 2009. The agencies found that the average annual cost of their regulations are between $43 and $55 billion, while the annual benefits are between $128 and $616 billion.
The EPA’s clean water and clean air regulations costs run between $26 and $29 billion, while benefits range between $82 and $533 billion.