Annual Costs of Major Federal Regulations
- Source: OMB, Office of Information and Regulatory Affairs, annual reports to Congress
- Note: Costs are estimated for new major regulations issued by executive agencies and reviewed by OMB each fiscal year. Regulations are classified as “major” if they have an estimated impact of $100 million, or more, in at least one year. The midpoint cost estimate is taken by averaging OMB’s low and high cost estimates. Data for fiscal year 2012 comes from the 2013 draft report to Congress.
Number of Major Regulations Issued by Executive & Independent Federal Agencies
- Source: OMB, Office of Information and Regulatory Affairs, annual reports to Congress
- Note: Includes the number of new major regulations promulgated by executive agencies and reviewed by OMB, as well as the number of new major regulations promulgated by independent regulatory agencies and reported by GAO. Data for fiscal year 2012 comes from the 2013 draft report to Congress.
Americans’ Overall Perceptions on Government Regulation of Business
- Source: Gallup poll, http://www.gallup.com/poll/165236/views-gov-regulation-politically-polarized.aspx
- Note: In 2001 and 2002, data reflects polls taken in September 2001, February 2002, June 2002, and September 2002. From 2003 onward, data reflects annual September polling numbers.
Top Cost Pressures Reported among Business CEOs
- Source: Business Roundtable, Q4 CEO Survey
- Note: Data reflects the results of a question presented to Business Roundtable CEOs. The question reads, “The greatest area of cost pressure facing your company is…” and the options are: Regulatory Costs, Labor Costs, Healthcare Costs, Energy Costs, Litigation Costs, Materials Costs, or Pension Costs. Shares represent the percent of all CEOs reporting an item as the greatest cost pressure.