OMB Tallied Social Regulation Subset Costs Up to $480 Billion Annually


1	Tip of the Costberg project on the cost of federal regulation: Wayne Crews -- www.tenthousandcommandments.com
2	OMB-Tallied Social Regulation Subset Costs Up to $480b Year
3	20th Century legacy, plus major final 2001-15 rules
4	With both benefits and costs assessed and reviewed
5	(millions of 2013 dollars)
6		Total											Annual	YEARLY TOTALS
7		# rules	USDA	Energy	DOJ	HHS	DHS	HUD	Labor	Trans	EPA	Other	$ Totals	w/ 2000 aggregate
8	"1789" thru 2000	undetermined							28,223	26,737	252,523	32,679	340,162	$340,162
9	2002 Report	12	242	1,908		2,270			103	2,632	7,025		14,180	$354,342
10	2003 Report	2		1,490							253		1,742	$356,085
11	2004 Report	6	22			47				2,024	474		2,568	$358,652
12	2005 Report	10				1,177				-42	2,570		3,705	$362,357
13	2006 Report	12	970		155	47				3,069	3,795		8,037	$370,393
14	2007 Report	7				361			357	992	174		1,883	$372,277
15	2008 Report	12	546	561		400			-55	2,590	9,899		13,940	$386,217
16	2009 Report	11		50		74	130		26	279	11,532		12,091	$398,308
17	2010 Report	15		971		2,519		1,163		4,915	2,949		12,518	$410,826
18	2011 Report	18		1,791	1,220				166	2,165	4,744	6,185	16,271	$427,097
19	2012 Report	12		2,878		576			6,027	1,987	973	653	13,094	$440,191
20	2013 Report	14		569		1,001	200		216	553	10,857	11,618	25,013	$465,205
21	2014 Report	7		420		8				201	2,691		3,320	$468,525
22	2015 Report	13		2220		-845			93	1048	1716.064		4,232	$472,757
23	2016 Draft Report	21	526	1,096		526	526		132	-1,536	6,272		7,543	$480,301
24	TOTALS	172	2,307	13,954	1,375	8,162	857	1,163	35,287	47,614	318,447	51,134	$480,301
25	Post-20th Century component		2,307	13,954	1,375	8,162	857	1,163	7,064	20,877	65,924	18,456	140,138
26	Source: Compiled by W. Crews from OMB, Report to Congress on Benefits and Costs available at http://www.whitehouse.gov/omb/inforeg_regpol_reports_congress; For the initial "1788" thru 2000 row, from OMB 2001, Table 2, OMB used prior aggregated estimates which it de-emphasized in later years, but for which it never substituted as far as aggregate cost is concerned. Notes: OMB figures presented in 2001 dollars are here adjusted to 2013 by the change in the consumer price index (1.316) between 2001 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. OMB's annual summary tabular 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. "1788" thru 2000 values are from OMB 2001, Table 2, p. 11. Original 1996 dollars were initially 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. Yearly total dollar figures do not exactly match OMB 2011's summary Table 1-3 (p. 19) but are very close; this compilation uses OMB's Appendix detail (Table A-2, pp. 121-127 instead of that summary. OMB appears to have transposed $.9 billion between 2001 and 2002 in its summary relative to what it has in the appendix, but the aggregates are the same. USDA = Department of Agriculture DOJ = Department of Justice HHS = Department of Health and Human Services DHS= Department of Homeland Security HUD = Department of Housing and Urban Development EPA = Environmental Protection Agency $248.7 billion for EPA in 2001 is taken from OMB 2002, Table 2's $170 billion. Before the adjustment to 2010 dollars here, it had been adjusted from original 1996 dollars to 2001 dollars (in which OMB has presented data for over 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. Inflator to four significant figures is 1.129 but here used the 1.128747 implicit in Crain & Crain to allow direct comparison of EPA to-2000 aggregate. The $32.1 billion "Other" category refers to social regulations not captured in the specified fields at that time. The $6.1 billion "Other" in 2011 and $11.4 billion in 2013 are Joint DOT/EPA rules on fuel econmy/light-duty CAFE standards; the $643 million "Other" in 2012 is their rule on commercial truck fuel efficiency standards.													1.231


1


1


1


1


1


1


1


1


1


1


1


1


1


1


1