"The White House Office of Management and Budget on Friday evening released its annual report on the costs and benefits of federal regulations, showing that the benefits of major Obama-era rules far exceeded the costs.

The report found the annual benefits of major federal regulations from 2006 to 2016 were between $219 billion and $695 billion, while the annual costs were between $59 billion and $88 billion.

The findings are at odds with the Trump administration's push to roll back a host of Obama-era environmental rules.

Public interest groups were quick to accuse OMB of burying the report because it undercut the administration's deregulatory agenda."

Maxine Joselow reports for E&E News PM February 26, 2018. [2]