• The Biden administration’s burdensome regulations have cost Americans about $10,000 per household, according to a new report, which noted that figure could skyrocket if President Biden is re-elected in 2024 and serves another four years.
• Casey Mulligan, a professor of economics at the University of Chicago, compares the regulatory records of President Biden and former Presidents Donald Trump and Barack Obama in a new study published by the Committee to Unleash Prosperity.
• As of the end of last year, according to the study, the Biden administration imposed new regulatory costs on American households and businesses at a pace that is surpassing that of the Obama administration during a comparable time period. Specifically, Mulligan writes that the Biden administration has so far been adding regulatory costs at a rate of $617 billion per year of rulemaking, not counting regulatory costs created by statutes and other non-rule regulatory actions.

Tagged: #Bidenflation