Biden Administration Quietly Burdened Americans with $201 Billion in Hidden Taxes Last Year,...

President Biden campaigned on moderation and a “return to normal.” Yet, on the regulatory front, the Biden administration has been far more aggressive than previous administrations—both Republican and Democratic. At least, that’s the finding of a new report from the center-right American Action Forum (AAF).

Analysts Dan Goldbeck and Dan Bosch reviewed President Biden’s first year in charge. They found that through regulatory actions and executive orders, this administration imposed more than $201 billion in regulatory costs—and 131 million hours of new annual paperwork on Americans.