Report: Obama officials issued $216 billion in regulations last year

The Obama administration issued $236 billion worth of new regulations last year, according to a report from a conservative think tank.

The analysis from the American Action Forum, led by former Congressional Budget Office Director Douglas Holtz-Eakin, found that the administration added $216 billion in rules and more than $20 billion in regulatory proposals in 2012. Complying with those rules will require an additional 87 million hours of paperwork, the report said.

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The group put the total price tag from regulations during Obama’s first term at more than $518 billion.

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