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Obama shock: Another $6 billion in 'midnight regulations'
Washington Examiner ^ | December 21, 2016 | Paul Bedard

Posted on 12/21/2016 4:04:06 PM PST by NYer

President Obama, who this week has issued a flurry of environmental rules, is planning to unleash another set of "midnight regulations" right before he leaves office that will cost Americans $6 billion.

Obama has already broken all past records on creating federal regulations and red tape, and his new adds will boost the overall price tag to over $1 trillion.

The new regulations, according to the watchdog group American Action Forum, include four from the Environmental Protection Agency and one from Interior.

"These five measures alone could impose $5.1 billion in costs and more than 350,000 paperwork burden hours. In addition, three other rules in proposed form could add $898 million in burdens and 146,000 paperwork hours, for a cumulative total of nearly $6 billion in potential midnight costs and nearly 500,000 burden hours from the two agencies. Consider, EPA and Interior have already imposed $349 billion in previous burdens since 2009," said AAF's Sam Batkins.

Stay abreast of the latest developments from nation's capital and beyond with curated News Alerts from the Washington Examiner news desk and delivered to your inbox.

He raised concerns that the new environmental rules were rushed to build on Obama's legacy of attacking climate change.

"The magnitude, $5 billion in long-term costs, and timing could raise suspicion in Congress," he said on the AAF website.

President-elect Trump has promised to cut regulations and several House and Senate commmittees are already producing target lists.



TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: obamaregulations; regulations
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To: NYer

And they will be gone shortly...


21 posted on 12/21/2016 4:53:26 PM PST by Secret Agent Man ( Gone Galt; Not averse to Going Bronson.)
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To: NYer

I am not shocked. This was to be expected. It can be reversed in 30 days, most certainly.


22 posted on 12/21/2016 5:04:58 PM PST by Parmy (II don't know how to past the images.)
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To: NYer

I hope that someone is keeping a list of his BS


23 posted on 12/21/2016 5:18:08 PM PST by Stayfree (LIBERALISM & STUPIDITY ARE BOTH INCURABLE MENTAL DISEASES OFTEN FOUND TOGETHER!)
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To: \/\/ayne

Yep........that whole administration from the White House to the Vice Presidental residence needs a complete cleaning out. So many heads need to roll on January 20th and be sure and search for bugging systems........gawd.......


24 posted on 12/21/2016 5:23:45 PM PST by Dawgreg (Happiness is not having what you want, but wanting what you have.)
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To: NYer
As the sun slowly sets on the failed Obama presidency Barack cannot restrain himself
from giving Lady Liberty a final rogering, or two or three, before he departs the scene of his crimes.


25 posted on 12/21/2016 5:32:10 PM PST by Iron Munro (If Illegals voted Rebublican 50 Million Democrats Would Be Screaming "Build The Wall!")
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To: Rebelbase

“”Perhaps one day the goods will spill and Obama will be tried in court and stripped of his SS protection and pension by congress.””

We should let Michelle know that we still DO HAVE HOPE!!!!!


26 posted on 12/21/2016 5:39:26 PM PST by Thank You Rush
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To: NYer
Based on a review of Obama's own final regulatory agenda, the non-partisan American Action Forum has estimated the total price tag of Obama's "midnight" regulations could reach $75 billion.

https://www.gop.com/burning-the-midnight-oil/

27 posted on 12/21/2016 6:07:43 PM PST by Elderberry
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To: NYer

0bama, the gift that keeps on giving, just like a dose of the Clap.


28 posted on 12/21/2016 6:47:38 PM PST by wjcsux ("In a time of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
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