President Obama proposed 2,224 new regulations just before Thanksgiving, 144 of which are each expected to cost Americans $100 million or more.
Senior Research Fellow and expert in regulatory and telecommunications for the Heritage Foundation James Gattuso reviewed the “economically significant” regulations.
“The regulations span the full scope of American life, ranging from labeling requirements for pet food, new test procedures for battery chargers, mandated paid sick leave for contractors, and automatic speed limiters for trucks to a dozen new rules limiting energy use (and increasing the price) of everything from furnaces and dishwashers to dehumidifiers.”
The administration is required to released proposed regulations twice a year, but Gattuso points out that the Obama administration has a habit of doing it around holidays when most Americans are focused on family.
Fall 2012 – December 21 (Friday before Christmas)
Spring 2013 – July 3 (day before Independence Day)
Fall 2013 – November 27 (day before Thanksgiving)
Spring 2014 – May 23 (Friday before Memorial Day weekend)
Fall 2014 – December 22 (three days before Christmas)
Spring 2015 – May 21 (Thursday before Memorial Day weekend)
Fall 2015 – November 23 (one week before Thanksgiving)
American Action Forum noted the proposed rules increased regulatory costs by more than $1.8 billion this week.
Gattuso urges Congress to put a stop to these new proposed regulations and keep them from being adopted.