Biden regulations cost the economy $309B in first two years, up from Obama's $204B

The Biden administration's 443 finalized regulations cost the economy $309 billion, which exceeds the Obama administration at this point in the presidency.

At the same point in time under the Obama administration, 639 final rules had been issued that cost the economy $204 billion and required 80,000,000 hours of paperwork, less than half the time required under Biden. Patrick Hauf is a politics writer for Fox News Digital.

The Trump administration released 500 final rules in its first two years that saved the economy an estimated $3.4 million, and took up just 500,000 hours of compliance time, the American Action Forum said.