Bloomberg: Obama Wrote Fewer Rules Than Bush

Wanted to be sure you saw this Bloomberg article out today highlighting how the Obama administration has approved fewer regulations than President Bush and pushing back on House Republican claims that there has been a “tsunami” of regulations since President Obama took office.

Key excerpts:

“President Barack Obama’s ‘tsunami’ of new government regulations looks more like a summer swell.”

“Obama’s White House has approved fewer regulations than his predecessor George W. Bush at this same point in their tenures, and the estimated costs of those rules haven’t reached the annual peak set in fiscal 1992 under Bush’s father, according to government data reviewed by Bloomberg News.”

“Obama’s White House approved 613 federal rules during the first 33 months of his term, 4.7 percent fewer than the 643 cleared by President George W. Bush’s administration in the same time frame, according to an Office of Management and Budget statistical database reviewed by Bloomberg.”