The estimated benefits of Obama-era federal regulations far exceeded their estimated costs, according to the latest mandatory report to Congress from the White House’s regulatory office.

The 2017 Draft Report to Congress on the Benefits and Costs of Federal Regulationswas released on Feb. 23 after a long delay. The report reviewed major regulations issued over a period of 10 years from Oct. 1, 2006, through Sept. 30, 2016.

The report was prepared by the Office of Information and Regulatory Affairs (OIRA), an agency within the White House Office of Management and Budget that reviews all significant federal regulations.

Only...