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Regulatory Costs and Economic Impacts
This chapter explores the financial implications of government regulations, highlighting a $1.4 trillion cost figure while also considering their potential benefits. A comparative analysis of regulatory trends under the Trump and Biden administrations is discussed, with a focus on how increased regulations, particularly in fuel efficiency, have affected the economic landscape. The conversation underscores the crucial balance between regulatory compliance and economic performance, illustrating the significant long-term effects of accumulated regulations.