EXCLUSIVE — The Biden administration has imposed an estimated $1.7 trillion in new regulatory costs since entering office, according to a new report from Republican staff on the House Oversight Committee.
The 26-page report, obtained first by the Washington Examiner, outlines the growth of new federal regulations since President Joe Biden and Vice President Kamala Harris were sworn into office. It accuses the administration of imposing new and costly bureaucratic hurdles on businesses and the economy to implement a “radical, left-wing agenda.”
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