New EPA rules push regulatory costs past $1 trillion, $3,080 per person

Washington Examiner

The new implementation of EPA rules on heavy trucks has boosted the 10-year regulatory burden on America past $1 trillion, 75 percent of which have been imposed by the Obama administration.

That amounts to a one-time charge of $3,080 per person, or an annual cost of $540, according to a new analysis from American Action Forum.
“In other words, each year every person, regardless of age, in the nation is responsible for paying roughly $540 in regulatory costs. These burdens might take the form of higher prices, fewer jobs, or reduced wages,” said AAF’s Sam Batkins, director of regulatory policy at the watchdog group.

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The staggering amount is likely to…