OMB Regulatory Cost Roundup, Original 2001 Dollars


1	Tip of the Costberg project on the cost of federal regulation: Wayne Crews -- www.tenthousandcommandments.com
2	OMB Regulatory Cost Roundup, Original 2001 Dollars
3	Major final rules subset with both quantified benefits and costs
4	cost up to $354 billion in 2013 according to OMB
5	(millions of 2001 dollars)
6		Total											Annual	YEARLY TOTALS
7		# rules	USDA	Energy	DOJ	HHS	DHS	HUD	Labor	Trans	EPA	Other	$ Totals	w/ 2000 aggregate
8	"1788" thru 2000	n/a							21,446	20,317	191,887	24,832	$258,482	$258,482
9	FY 2002 Report	12	184	1,450		1725			78	2,000	5,338		$10,775	$269,257
10	FY 2003 Report	2		1,132							192		$1,324	$270,581
11	FY 2004 Report	6	17			36				1,538	360		$1,951	$272,532
12	FY 2005 Report	10				894				(32)	1,953		$2,815	$275,347
13	FY 2006 Report	12	737		118	36				2,332	2,872		$6,095	$281,442
14	FY 2007 Report	7				274			271	754	132		$1,431	$282,873
15	FY 2008 Report	12	415	426		304			(42)	1,968	7,522		$10,593	$293,466
16	FY 2009 Report	11		38		56	99		20	212	8,780		$9,205	$302,671
17	FY 2010 Report	15		738		1914		884		3,735	2,241		$9,512	$312,183
18	FY 2011 Report	18		1,361	927				126	1,645	3,605	4,700	$12,364	$324,547
19	FY 2012 Report	12		2187		616			4580	1510	739	496	$10,128	$334,675
20	FY 2013 Report	14		800		1200	200		200	466	8400	8800	$20,066	$354,741
21	FY 2014 Draft
22
23	TOTAL	131	1,353	8,132	1,045	7,055	299	884	26,679	36,445	234,021	38,828	$354,741
24	Post-20th-Century component		1,353	8,132	1,045	7,055	299	884	5,233	16,128	42,134	13,996	96,259
25	Source: Compiled by Wayne Crews from OMB, Report to Congress on Benefits and Costs available at http://www.whitehouse.gov/omb/inforeg_regpol_reports_congress; For the initial entry, OMB used prior aggregated social cost estimates which it de-emphasized in later years. but for which it never substituted as far as aggregate cost is concerned. Notes: OMB's tabluar presentation includes only rules for which both costs and benefits are depicted. Separately in Tip of the Costberg I have assembled rules for which costs but not benefits were provided. n/a not applicable USDA = Department of Agriculture DOJ = Department of Justice HHS = Department of Health and Human Services HUD = Department of Housing and Urban Development DHS= Department of Homeland Security EPA = Environmental Protection Agency $191,877 for EPA is taken from OMB 2001, Table 2's $170 billion. Here it is adjusted from original 1996 dollars to 2001 dollars (as all OMB data has now been presented for a decade) by the change in the consumer price index between 1996 and 2001, derived from U.S. Census Bureau, Statistical Abstract of the United States: 2011, Table 724, “Consumer Price Indexes (CPI-U) by Major Groups: 1990 to 2009,” http://www.census.gov/compendia/statab/2011/tables/11s0724.pdf. Incidentally, for comparing the EPA column's 2003 (from 2004 OMB Report) costs with SBA/Crain & Crain pre-2009 costs, Crain used $335 million from the 2005 OMB Draft Report, whereas here the final report's $360 million is used (and this report also incorporates 2010-12 OMB Report data not available for SBA 2010). Also, for OMB 2005 tally for EPA, Crain had input all that year's regulatory costs and benefits; here, just the EPA numbers are used. All "1788" thru 2000 values are from OMB 2001, Table 2, p. 11. Original 1996 dollars here converted to 2001 values since all other OMB sources feature 2001 dollars. The $24.8 billion "Other" category refers to social regulations not captured in the specified fields at that time. The $4.7 billion "Other" in 2011 and $8.8 billion in 2013 are Joint DOT/EPA rules on fuel econmy/light-duty CAFE standards; the $496 million "Other" in 2012 is their rule on commercial truck fuel efficiency standards.


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