One of the last lines of defense among libertarians who still support this Big Government administration is "Yeah, but at least he's keeping a cap on regulations." Well, so much for that:
The FY 2006 Budget requests that Congress allocate $41.4 billion for regulatory activities, up from $39.5 billion in 2005. This reflects a 4.8 percent increase in outlays directed at writing, administering, and enforcing federal regulations. The regulators' budget is growing at a faster rate than other nondiscretionary spending, which the President's budget held to only 2.1 percent in 2006. Since 2000, the regulators' budget has grown an amazing 46 percent, after adjusting for inflation.