On the recordJune 25, 2013
the cost of complying with federal regulations exceeded $1.75 trillion every year--nearly 12 percent of the total GDP.
Source
congress.govthe cost of complying with federal regulations exceeded $1.75 trillion every year--nearly 12 percent of the total GDP.
Highlights the significant financial burden of federal regulations on the economy.
Share
More from Dan Coats
increasing the risk of social unrest, migration, and interstate tension in countries such as Egypt, Ethiopia, Iraq, and Jordan.
adversaries and strategic competitors will increasingly use cyber capabilities--including cyber espionage, attack, and influence--to seek political, economic, and military advantage over the United States and its allies and partners.