Every year, over-regulation costs our economy $2 trillion dollars a year and reduces household wealth by almost $15,000 dollars. [Donald J. Trump Press Release, Sept. 15, 2016] President Obama has issued close to four hundred new major regulations since taking office, each with a cost to the American economy of $100 million or more. [The Wall Street Journal, April 7, 2016] In 2015 alone, federal agencies issued over 3,300 final rules and regulations, up from 2,400 the prior year. [Donald J. Trump Press Release, Sept. 15, 2016] The U.S. economy today is twenty-five percent smaller than it would have been without the surge of regulations since 1980. [Mercatus Center, April 26, 2016] The federal register is now over 80,000 pages long. [Office of the Federal Register, Dec. 31, 2015]