“Federal regulation and intervention cost American consumers and businesses an estimated $1.88 trillion in 2014 in lost economic productivity and higher prices, amounting to an average of $14,976 per household – around 29 percent of an average family budget of $51,100. The ‘Unconstitutionality Index’ is the ratio of regulations issued by unelected agency officials compared to legislation enacted by Congress in a given year. In 2014, agencies issued 16 new regulations for every law—that’s 3,554 new regulations compared to 224 new laws. Some 60 federal departments, agencies and commissions have 3,415 regulations in development at various stages in the pipeline.”
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