The Code of Federal Regulations is more than 170,000 pages long. How did it become such a behemoth? Simple: every year, about 4,000 new regulations are proposed, and each new rule can run anywhere from one to hundreds of pages in length. Far fewer regulations are scraped from the books each year.
This is the problem often called “regulatory accumulation.” Make no mistake, this is not just one of those inside-the-Beltway issues. Regulatory accumulation is a major problem, the costs of which are felt nationwide…. (Read more at the Chamber of Commerce Blog)