Obama’s Flood Of New Regulations To Cost More Than $130B
Obama making sure the economy stays at a standstill.
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The Obama administration’s newly detailed rule-making agenda for the coming year would cost in excess of $130 billion to implement, according to a conservative-leaning group that tracks regulations.
The American Action Forum (AAF) review follows the administration’s belated release last week of its spring Unified Agenda, a document that is traditionally issued twice annually and contains updates for hundreds of rules in the pipelines at federal agencies.
Again this year, the administration plans to pump out many new rules in financial and healthcare sectors in accordance with the landmark Dodd-Frank Wall Street reform law and Affordable Care Act (ACA).