$1.9 trillion: The cost of regulation in 2015

$1.9 trillion: The cost of regulation in 2015 « Hot Air:
"President Obama hasn’t given much credence to the idea that America is suffering from overregulation, and his policies have proven that.
Late last year, he debuted a new EPA rule that has been called “the most expensive regulation ever.” “Economically significant” regulations have exploded in the Obama era.
Crews estimates that regulation will cost the American economy $1.882 trillion in 2015. 
This is a staggering figure and, as you might have guessed, more expensive than 2014.
It’s larger than the entire GDP of all but 11 countries in the entire world – ahead of major developed nations like Australia and South Korea. 
Official government estimates, like those done by the Office of Management and Budget, only come out in the hundreds-of-billions range, which Crews says is an exercise in disastrous undercounting.
Those official government statistics are, unsurprisingly, very friendly to government policy.
Crews breaks it down here – the largest costs belong to economic regulation, tax compliance, and environmental regulations:"