Wednesday, June 23, 2010

REGULATORS' BUDGET RISING

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The president's budget request calls for fiscal regulatory expenditures of over $59 billion in 2011 and a staff of almost 284,000. The requested Regulators' Budget of $59.4 billion in 2011 is 4.1 percent larger in real terms than appropriated outlays of $56.3 billion in 2010. [One year.]

Appropriated outlays in fiscal year 2010 were 8.9 percent higher than in 2009.

Over the last decade, between 2000 and 2010, annual budget outlays for regulatory activities increased 75.5 percent in real terms, for a real dollar increase of $21.7 billion.

Staffing increases at the federal regulatory agencies over the last decade have been similarly dramatic, and growth continues, say Dudley and Warren:



The number of full time staff is expected to reach an all time high of 283,741 in 2011.

Source: Susan E. Dudley and Melinda Warren, "Regulators' Budget Rising," George Washington University, May 18, 2010.

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