1 | Tip of the Costberg project on the cost of federal regulation: Wayne Crews -- www.tenthousandcommandments.com | |||||||||
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2 | Cost of Federal Regulation: Late 20th Century, Early 21st Century | |||||||||
3 | Hopkins 1992 | GAO 1995 | Hopkins 1995 | Crain and Hopkins 2001 | OMB 2002 | Crain 2005 | Crain & Crain | NAM | ||
4 | (1991 dollars) | (1995 dollars) | (1995 dollars) | (2001 dollars) | (2001 dollars) | (2004 dollars) | ||||
5 | ||||||||||
6 | Environmental | 115 | 168 | 197 | 203 | 221 | 281 | |||
7 | Other Social | 36 | 55 | 30 | ||||||
8 | Transportation | 22 | ||||||||
9 | Labor | 22 | ||||||||
10 | Economic Regulation | 591 | 1236 | |||||||
11 | Efficiency | 73 | 80 | 150 | ||||||
12 | Transfers | 130 | 147 | 337 | ||||||
13 | Efficiency - Domestic | 101 | ||||||||
14 | Transfers - Domestic | 202 | ||||||||
15 | Efficiency - Int'l Trade | 44 | ||||||||
16 | Transfers - Int'l Trade | 88 | ||||||||
17 | Workplace and Homeland Security | 82 | 106 | 75 | ||||||
18 | Paperwork/Process/Info Collection (tax compliance) | 189 | 218 | 129 | 190 | 195 | 160 | |||
19 | ||||||||||
20 | Totals: | $543.00 | $647.00 | $668.00 | $843.00 | $954.00 | $1,113.00 | $1,752.00 | ||
21 | Totals, converted to 2013 $ | $992.498 | $1,024.712 | 1,109.39 | 1,255.46 | $2,000.00 | ||||
22 | ||||||||||
23 | Thomas D. Hopkins, Costs of Regulation: Filling the Gaps, Report prepared for the Regulatory Information Service Center, Washington, D.C., August 1992. http://www.thecre.com/pdf/COST%20OF%20REGULATION%20FILLING%20THE%20GAPS.pdf | |||||||||
24 | General Accounting Office, Briefing Report to the Ranking Minority Member, Committee on Governmental Affairs, U.S. Senate, Regulatory Reform: Information on Costs, Cost Effectiveness, and Mandated Deadlines for Regulations, (GAO/PEMD 95 18BR), March 1995. http://archive.gao.gov/t2pbat1/153774.pdf | |||||||||
25 | Thomas D. Hopkins, “The Changing Burden of Regulation, Paperwork, and Tax Compliance on Small Business: A Report to Congress,” Office of the Chief Counsel for Advocacy, U.S. Small Business Administration, Washington, DC, October 1995, http://www.sba.gov/advo/laws/archive/law_brd.html | |||||||||
26 | Office of Management and Budget, “Draft Report to Congress on the Costs and Benefits of Federal Regulations,” Federal Register, March 28, 2002. Pp. 15037-8. http://www.whitehouse.gov/sites/default/files/omb/assets/omb/inforeg/cbreport.pdf | |||||||||
27 | W. Mark Crain and Thomas D. Hopkins, “The Impact of Regulatory Costs on Small Firms,” report prepared for the Small Business Administration, Office of Advocacy, RFP No. SBAHQ-00-R-0027, October 2001, http://www.sba.gov/advo/research/rs207tot.pdf | |||||||||
28 | W. Mark Crain, “The Impact of Regulatory Costs on Small Firms,” Report prepared for the Small Business Administration, Office of Advocacy, Contract no. SBHQ-03-M-0522, September 2005 http://archive.sba.gov/advo/research/rs264tot.pdf | |||||||||
29 | Nicole V. Crain and W. Mark Crain, “The Impact of Regulatory Costs on Small Firms,” report prepared for the Small Business Administration, Office of Advocacy, Contract No. SBAHQ-08-M-0466, September 2010, http://www.sba.gov/advo/research/rs371tot.pdf. | |||||||||
30 | Some figures are here adjusted to 2013 by the change in the consumer price index between 2001 and 2013 (1.316), and between 1995 and 2013 ( ), derived from "CPI Detailed Report Data for April 2014," Bureau of Labor Statistics, Washington, D.C., (Table 24. Historical Consumer Price Index for All Urban Consumers - (CPI-U), U.S. city average, All items.) http://www.bls.gov/cpi/cpid1404.pdf. | |||||||||
31 | ||||||||||
32 | 435 - 843 |