House Majority Leader Kevin McCarthy (R., Calif.) said that the way to create growth in this economy is through healthcare, tax, and regulation reform.
President-elect Donald Trump is expected to name billionaire investor Carl Icahn as an adviser on overhauling federal regulations.
President-elect Donald Trump has selected Oklahoma Attorney General Scott Pruitt, a leader of the legal effort to fight President Obama’s climate change regulations, to run the Environmental Protection Agency.
The Obama administration has put forth 25 so-called “midnight” regulations, which will cost the economy $44.1 billion, according to a report from the American Action Forum.
The Department of Housing and Urban Development officially banned smoking in public housing Wednesday, forcing disabled and elderly tenants out on the street to smoke a cigarette.
The Obama administration set a new record Thursday by producing 527 pages worth of new rules and regulations in a single day, bringing the president’s Federal Register up to 81,640 total pages for 2016, the most ever.
Since President Obama has been in office, the number of pages of regulations put out by his administration has hit a record-high, exceeding that of the Bush and Clinton presidencies, according to a count from the Federal Register.
Several taxpayer groups will meet with Obama administration budget officials on Friday to voice concerns about the cost of a proposed student loan regulation that is estimated by Department of Education to cost up to $43 billion.
Labor regulations issued in the last year of the Obama administration will cost the economy roughly $80 billion over the next 10 years and eliminate 150,000 jobs, according to a report from the National Association of Manufacturers.