Biden Admin Has Cemented $1 Trillion Worth Of Rules And Regs In 2024, Analysis Finds
The Biden administration has saddled the U.S. economy with more than $1 trillion worth of final rules and regulations thus far in 2024, according to analysis conducted by the American Action Forum (AAF). The Environmental Protection Agency’s (EPA) final emissions regulations for light- and medium-duty vehicles, which some have characterized as an electric vehicle (EV) mandate, pushed the costs of the Biden administration’s regulatory agenda over the $1 trillion threshold for 2024, alone, according to AAF’s analysis. Across all agencies and regulatory actions last week, the federal government published regulations imposing $103 billion worth of total costs and 11.6 million