Washington Examiner: President Obama planning flurry of costly “midnight regulations”
President Obama before he leaves office is ensuring more of Americans’ hard-earned money leaves with him as he puts into effect so-called midnight regulations projected to cost $6 billion.
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.
President Obama is doing all he can to secure a legacy of stifling industry and innovation and burdening American families with more paperwork, all this without the consent of Congress. Click here to find out about issues that matter to you and how you can help Tea Party Patriots push back against leaders who abuse their power!