03-09-2018, 09:41 PM
OMB gathered data and analysis on “major” federal regulations (those with $100 million or more in economic impact) between 2006 and 2016, a period that includes all of Obama’s administration, stopping just short of Trump’s. The final tally, reported in 2001 dollars:
Aggregate benefits: $219 to $695 billion
Aggregate costs: $59 to $88 billion
Those are some pretty huge variance ranges. I'd really like to see a breakdown of what they consider costs and benefits, before forming an opinion.
If anyone is wise on the topic, feel free to give me the Cliff Notes version.
Aggregate benefits: $219 to $695 billion
Aggregate costs: $59 to $88 billion
Those are some pretty huge variance ranges. I'd really like to see a breakdown of what they consider costs and benefits, before forming an opinion.
If anyone is wise on the topic, feel free to give me the Cliff Notes version.
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