A new government report shows regulations have “spiked” since President Barack Obama took office, the Hill reports.
The Obama administration has neglected to release its regulatory agenda for the second year in a row, leaving businesses apprehensive and unprepared for new federal regulations.
It was revealed in a quietly released 2013 draft of the costs and benefits of federal regulations that regulations created in 2012 generated between $14.8 billion and $19.5 billion in annual costs.
President Barack Obama’s administration is unleashing a host of new regulations that are expected to add billions in compliance costs for American small businesses, according to a new report.
Virginia Democratic Senate nominee Tim Kaine is using his union backers to deflect criticism of his history of supporting anti-coal regulation.
The U.S. faces a regulatory as well as a fiscal cliff in 2013 thanks to a slew of environmental regulations that could drive up the cost of electricity and put manufacturers out of business, according to a report authored by Sen. Jim Inhofe (R., Okla.), ranking member of the Senate Committee on Environment and Public Works.
A new report released by the American Action Forum shows Obamacare has imposed $27.6 billion in new regulations. Most of the burden of these new regulations will fall on private entities: “at least $20.4 billion in lifetime costs on private entities and $7.2 billion in increased burdens on state budgets,” according to the report.
President Barack Obama used the power of regulation and stimulus to aid an early political supporter, according to the New York Times.
The Obama administration is delaying its most costly and controversial regulations until after the election, USA Today reports.