Regulatory State

Christopher DeMuth is a distinguished fellow at the Hudson Institute. Copyright 2012. All rights reserved. See www.NationalAffairs.com for more information. The Regulatory State Christopher DeMuth Washington is in a regulatory growth spurt. Hundreds of rulemaking proceedings are underway or impending under the Wall Street Reform and Consumer Protection Act (Dodd-Frank) and the Patient Protection and Affordable Care Act (Obamacare), both enacted in 2010. The Environmental Protection Agency is pursuing many hugely expensive pollution-control initiatives. The Federal Communications Commission wants to regulate the internet. Agencies are tightening high-way fuel-economy standards and banning the incandescent light bulb. Price controls are making a …