Posted on 12/01/2016 2:20:56 PM PST by jazusamo
President Obama plans to unleash more than $44 billion in midnight regulations before the ink in his pen runs out, according to a review of the administrations rulemaking agenda.
This last-ditch effort to regulate before President-elect Donald Trumptakes over in January will cap off an eight-year period marked by a historic pace of rulemaking from the Obama administration.
Democratic presidential nominee Hillary Clinton
was expected to maintain many of the same regulatory policies as Obama, but after Trumps surprising victory in the 2016 election and his promise to institute a moratorium on new rules, federal agencies are scrambling put the finishing touches on their most important rules.
It is unlikely regulators in the Obama Administration will have the opportunity to enact the full slate, said Sam Batkins, director of regulatory policy at the business-friendly American Action Forum.
The AAF spotted 20 economically-significant rules totaling more than $44 billion in compliance costs that regulators plan to release before Obama exits the White House.
These rules include efficiency standards from the Energy Department, public transportation safety plans, requirements for truck drivers and a smoking ban in low-income homes, among others.
But many of these midnight regulations could vanish just as quickly once Trump becomes president, Batkins said, because he has promised to overturn costly rules like these.
There are also a number of rules scheduled to drop after Trump becomes president, which are even less likely to survive, Batkins said.
The federal agencies know too well that everything not yet final could come under scrutiny from President-elect Trump and the Republican Congress next year, said Batkins.
The fate of many of these measures lies with the next Congress and the incoming administration, he added.
50 days
Killing jobs, the economy, and our liberty till the last minute.
Hope and Change.
Obama versus the American people.
Again.
I thought there was soem rule that a president couldn’t conduct midnight regulations so as to prevent leavign a colossal last minute mess behind for the next president to have to fix-
These tyrannical people are power mad and insane.
What exactly are low-income homes for instance?
Section 8 housing? How and who would enforce it?
If American business were an athlete the government would be Tonya Harding.
Trump will roll in with a BIG pen also...with lots of ink...to destroy all this unapproved “legislation”. President Trump will be very busy cleaning up after this reprobate.
He lives to FSU. (F#ck sh!t up)
I wish I could take a pill to erase all memory of this
whole miserable family.
Yep, all eight years down to the last day.
Trump has a phone and some white-out.
Excellent, right on!
In my more than 80 years I have never seen anything like this including Roosevelt and Johnson. This man is a TRAITOR without equal.
That's OK - we have ink erasers.
Since when has something like a law stopped Barky Ombarassment from doing what he wants when he wants and how he wants.
If you ask me, President Trump is going to have a lot of work to undo a lot of the bizarro Barbra Streisand dumped on us the last 8 years by the Kenyan Korruptor.
Stuck On STUPID!
Clown Prince nobama continues his descent. What a clown and a pathetic traitor.
You have to wonder why they would do this knowing they’ll be undone in 50 days. Is it wild hope that some of them won’t be undone? Is it a stick in the eye to Trump and conservatives? Is it a “burn the bridges” last gasp? Is is just downright orneriness? Is it just Donks being Donks?
So the more regs Zero lays out now the more credit Trump will get for rolling them back next month!
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