Just in the last few weeks, the Obama administration has proposed or imposed over 1,200 new regulations on the American people that will add even more to the already crushing $2 trillion per year cost burden of the federal regulatory machine. According to data compiled from the federal government’s Regulations.gov website by the Daily Caller, most of the new regulatory schemes involve energy and the environment — 139 during a mere two-week period in December, to be precise. In all, the Obama administration foisted more than 75,000 pages of regulations on the United States in 2014, costing over $200 billion, on the low end, if new proposed rules are taken into account.
Just one of those “rules” by the out-of-control Environmental Protection Agency (EPA), the so-called “coal ash” regulation, is expected to cost as much as $20 billion, estimates suggest. Another oncoming rule, which experts and analysts say is likely to be the most expensive federal regulation in all of U.S. history, could wreak havoc across the nation and crush the economy to the point that economic growth halts completely, experts said. Even Christmas lights, though, are now in the administration’s regulatory crosshairs, along with virtually everything else.
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