1 | Tip of the Costberg project on the cost of federal regulation: Wayne Crews -- www.tenthousandcommandments.com | |||||
|---|---|---|---|---|---|---|
2 | Total Annual Costs of Regulations as of Sept 30, 2001 | |||||
3 | According to OMB | |||||
4 | Billions of 2001 Dollars; 2013 Dollars in final column | |||||
5 | Low | High | 2013 Dollars | |||
6 | Social | |||||
7 | Environmmental | 120 | 203 | $267.15 | ||
8 | Transportation | 17 | 22 | $28.95 | ||
9 | Labor | 20 | 22 | $28.95 | ||
10 | Other | 24 | 30 | $39.48 | ||
11 | Total Social | 181 | 277 | $364.53 | ||
12 | Economic | |||||
13 | Efficiency loss | 150 | $197.40 | |||
14 | Transfer | 337 | $443.49 | |||
15 | Total Economic | 487 | $640.89 | |||
16 | ||||||
17 | Process/paperwork | 190 | $250.04 | |||
18 | Total costs | $954.00 | $1,255.46 | |||
19 | ||||||
20 | Compiled by Wayne Crews from 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 | |||||
21 | Figures adjusted by the change in the consumer price index between 2001 and 2013 (1.316), 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. | |||||