President Barack Obama has imposed hundreds of billions in regulatory burdens on the American people over the course of his presidency, at an average cost of $1,300 for every person in the U.S.
Billion-dollar rules, or mega-rules, are not very common. For instance, the Bush Administration put forth just 1.6 billion-dollar rules per year. Over the course of his eight year presidency, Bush enacted 12 mega-rules that imposed $35 billion in costs.
The Obama Administration puts forth an average of 3.25 mega-rules a year. His administration imposed $42 billion in mega-rules from just 2012 to 2014, managing to exceed Bush’s tenure in just two years, American Action Forum (AAF) reports.