Providing yet another searing example of the ridiculousness of his tenure in the Oval Office, a new report outlines how President Barack Obama’s executive orders to “eliminate red tape” in government burdened taxpayers and businesses with billions in new regulatory costs. In 2011 and 2012, the president signed executive orders instructing federal agencies to “modify, streamline, expand, or repeal” existing regulations to lighten the massive regulatory burden on the American economy. Using its 2+2=5 accounting, the Obama administration has claimed that the president’s actions have created $28 billion in savings since 2011. Independent reviews, however, tell a far different story....