Entry in progress—B.P.
American Action Forum
December 2, 2016
Lame Duck Regulatory Agenda Projects $44 Billion In Midnight Costs
Here are the final pieces to President Obama’s regulatory legacy. What can the nation expect in the lame duck? What will Congress target for repeal in 2016? With the recent release of the administration’s final regulatory agenda, it has largely answered these questions. An American Action Forum (AAF) review of the data found at least $75.3 billion in planned regulatory costs, including the majority ($44.1 billion) during the “midnight” regulatory period from November 2016 to January 2017. This would be in addition to the more than $150 billion in final regulatory costs already published in 2016.
Washington (DC) Free Beacon
Obama Administration’s Midnight Regulations to Total $44 Billion
Regulatory costs are more than eight times higher than what was originally projected
BY: Ali Meyer
December 5, 2016 3:50 pm
The Obama administration has put forth 25 so-called “midnight” regulations, which will cost the economy $44.1 billion, according to a report from the American Action Forum.
Midnight regulations are rules that are published after Election Day and before the next president is inaugurated in January 2017. Earlier this year, the administration estimated that there would be $5.2 billion in regulatory costs incurred during that time.
New York City • Government/Law/Politics/Military • Wednesday, December 07, 2016 • Permalink