We help break down the $181.5 billion in regulatory costs that the administration issued during 2014.
On Monday, the Supreme Court voted to mostly uphold the Environmental Protection Agency’s (EPA) recent plans to regulate major emitters of greenhouse gasses.
On June 10, Investors Business Daily reported that excessive regulation is slowing the growth of the economy and the recovery. In the first quarter of 2014, the U.S. economy contracted for the first time since 2011.
On May 30, The Center For Automotive Research (CAR) released a report that found that car dealers spent $3.2 billion in 2012 to comply with federal regulations.
Earlier this week, the Environmental Protection Agency (EPA) proposed a regulation plan that would cut carbon emissions from power plants in the U.S. According to the press release, the proposal is the first to cut “carbon pollution from existing power plants, the single largest source of carbon pollution in the United States.”
Today, the Environmental Protection Agency (EPA) is set to unveil new regulations that will supposedly cut U.S. carbon-dioxide emissions 30 percent by 2030.
Earlier this month, as we mentioned in a previous Regulation Watch, the Competitive Enterprise Institute (CEI) released a study titled the 2014 Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State. In addition to what we’ve already noted, the study found for 2013 the cost of regulations exceed half of all government spending as well as surpassed all federal income taxes.
Late last week, the Obama administration released hundreds of pages of new regulations as part of an effort to keep health insurance premium prices down. These new provisions of the Affordable Care Act (ACA) free up billions of additional taxpayer dollars for insurance companies in order to make up for losses under the law.
On March 17, the Competitive Enterprise Institute (CEI) reported the Obama administration added 17,522 pages in new regulations over the past five years, representing of 11 percent increase over the president’s term.
On March 11, the House voted in favor of a bill that would require the Federal Communications Commission (FCC) to inform the public and open up for comment on regulations for broadcasters and editorials.