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The Future of Federal Regulations
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Mercatus Center
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Mercatus Center
Mar. 8, 2010
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The Future of Federal Regulations
Mar. 8, 2010
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The Future of Federal Regulations
1.
The Future of
Federal Regulation Jerry Ellig Senior Research Fellow
2.
Federal Register pages
3.
Federal regulatory agency
expenditures
4.
Federal regulatory personnel
5.
Federal Register pages
vs. regulatory spending
6.
Federal Register pages
vs. regulatory staff
7.
8.
Expenditures on economic
regulation
9.
Economic regulatory personnel
10.
Consumer gains from
economic deregulation (in $1995) Annual consumer Industry % real price reduction benefits $9.1 billion 44% 20% 4% Railroads $19.6 billion 28-56% 3-17% NA Trucking $19.4 billion 29% 12% 13% Airlines $5 billion 40-47% 23-41% 5-16% LD telecom NA 27-57% 23-45% 10-38% Gas 10 years 5 years 2 years
11.
12.
Federal spending on
social regulation
13.
Social regulatory personnel
14.
Homeland Security regulatory
spending
15.
Homeland Security regulatory
personnel
16.
Midnight Regulation –
Fed. Register pages
17.
Midnight regulations outpace
review resources
18.