Cost-Benefit Analysis
Total Annual Benefits and Costs of Major Federal Rules by Agency (2002-2012)
Agency\# of Rules Costs (billions) Benefits (billions)
USDA5 \$0.8 to \$1.2 \$0.9 to \$1.3
Dept. of Health and Human Services (HHS)19 \$2.4 to \$5.2 \$16.6 to \$40.2
EPA32 \$30.4 to \$36.5 \$112.0 to \$637.6
In 2012, the Office of Management and Budget reported calculations of costs and benefits of regulations by major government agencies.
- According to the chart, which regulatory agency provides the greatest monetary benefit to the public?
- According to the chart, which regulatory agency had the fewest regulations studied?
Total Annual Benefits and Costs of Major Federal Rules by Agency (2002-2012)
Agency | \# of Rules | Costs (billions) | Benefits (billions) |
USDA | 5 | \$0.8 to \$1.2 | \$0.9 to \$1.3 |
Dept. of Health and Human Services (HHS) | 19 | \$2.4 to \$5.2 | \$16.6 to \$40.2 |
EPA | 32 | \$30.4 to \$36.5 | \$112.0 to \$637.6 |