Regulatory Actions Are Killing Jobs

Speaker of the House John Boehner’s office released the following statement this week: A simple scan of the Obama Administration’s current regulatory agenda indicates that the Administration currently has 4,257 new regulatory actions in the works, of which at least 219 will have an economic impact of $100 million or more. That is an increase of nearly 15 percent over last year, when a similar search showed 191 new [$100 million] regulatory actions by the Administration to be in the works….

Boehner sent a letter to President Obama noting the scheduled increase in regulatory action by the Administration and asking that the White House provide Congress with a list of all of the regulatory actions it plans that would have an economic impact of $1 billion or more….

Boehner sent a similar request for information to the president last August....The requested information was never provided.

The speaker’s office also cites Susan E. Dudley, director of the George Washington University Regulatory Studies Center, who writes that the Environmental Protection Agency’s (EPA) "pending decision to tighten ozone standards…is likely to slow economic growth in thousands of counties across the nation and impose costs of $20 billion to $90 billion per year, according to the agency’s own estimates."

It is becoming increasingly difficult to argue that Washington’s intrusive, heavy-handed policies are not stifling economic growth across America, and particularly on Main Street. One might add that this is further evidence that liberty and prosperity (and their opposites) go hand in hand — a point that Republican presidential candidates would do well to emphasize.

Barack Obama and his administration are job killers. Over 4,000 regulations and growing. Businesses can't grow with this threat of regulations and more costs.

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