Obama’s Effort To ‘Streamline’ Regs Ends Up Costing $16 Billion More
By Michael Bastasch The Obama administration’s effort to eliminate red tape hampering American businesses has actually ended up adding $16 billion in new regulatory costs and 16 million hours in new paperwork, according to a report. The right-leaning American Action Forum found “executive agencies have added more than $16 billion in regulatory costs, up from $14.7 billion…