Biden's regulations cost Americans $2 trillion, adding $16k per household, says new report

Discussion in 'Politics' started by ipatent, Apr 24, 2025 at 3:02 PM.

  1. ipatent

    ipatent

    Biden's regulations cost Americans $2 trillion, adding $16k per household, says new report

    (TNND) — It turns out your tax burden was $16,000 more under the leadership of President Joe Biden.

    That according to a new report released Thursday from The Competitive Enterprise Institute.

    The company’s annual “Ten Thousand Commandments” report on the cost burden of federal regulations, reveals a cost of $2 Trillion to Americans with an average of $16,000 per household.

    According to the author of the report, Clyde Wayne Crews Jr., regulations got worse under the Biden Administration because of the progressive rules imposed on energy, consumer appliances, labor, banking, online speech, and other sectors of the economy.

    “Trump after just two months, in stark contrast to Biden, is defunding progressive advocacy sources within the federal government and defunding or at least deflating certain agencies in addition to promising larger spending cuts that we certainly hope materialize,” said Crews.
     
  2. gwb-trading

    gwb-trading


    More nonsense from a low quality extreme right-wing think tank.


    Competitive Enterprise Institute – Bias and Credibility
    https://mediabiasfactcheck.com/competitive-enterprise-institute/

    [​IMG]

    [​IMG]

    Detailed Report
    Reasoning: Propaganda, Poor Sourcing, Lack of Transparency, Rejection of Scientific Consensus, False Claims
    Bias Rating: FAR RIGHT-BIAS
    Factual Reporting: LOW
     
    insider trading and comagnum like this.
  3. ipatent

    ipatent

    Your fact checker admits it is just the opinion of the reviewer, and its reviewers have a left wing bias.
     
  4. gwb-trading

    gwb-trading

    Their lack of factual claims over the years cannot be hidden. Nor can their right-wing funding sources.