New regulations enacted during President Obama’s first term cost Americans an additional $70 billion, and the price tag is only expected to rise, according to a study issued by the conservative Heritage Foundation.

The total represents more than 130 major rules – those that carry an economic impact of at least $100 million, the group’s study finds. It identifies 25 such rules in 2012 alone, mostly stemming form the Dodd-Frank financial reform law, and places last year’s cost of new regulations at $23.5 billion.

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