The Biden administration is so far costing the American people about $10,000 per household by imposing a flurry of regulations, according to a new report.
Unlike Obama, who Mulligan notes"had virtually no deregulation in his first two years," Biden has already implemented meaningful deregulations. However, on net, Trump's deregulation was more far-reaching.can be subtracted rather than perpetually added," the report states."Four years of President Trump reduced regulatory costs by about $11,000 per household.
The new report comes as Biden seeks to tout his economic policies heading into the 2024 presidential campaign. Economists disputed the notion that"Bidenomics" benefits all Americans, telling Fox News Digital that massive spending and historically high inflation have marked the president's economic policies since he entered office.
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