These numbers are just out of CONTROL.
President Obama, the White House chief who’s pretty much never met a regulation he didn’t like, may have even more in store before he leaves office in January.
And those in the energy, building, transportation and retail sectors are on edge. Why? Because what Obama has in store for the environment could have wide-ranging impact across a score of sectors.
This is the kind of news that really ticks off taxpayers, especially those who are opposed to big government and crazy government spending. So, if you fall into the latter group, you might to close your eyes…you’re already upset over the Obama family vacation cost, right?
“Last month, an energy policy analyst for The Wall Street Journal reported that President Barack Obama’s administration had begun ‘readying at least five big environmental rules to issue in the two months between the election and Inauguration Day,'” The Conservative Tribune reported.
Five more environmental regulations. Can the country take it?
American Action Forum, for one, thinks not.
“These five measures alone could impose $5.1 billion in costs and more than 350,000 paperwork burden hours,” AAF wrote, in an analysis reported by Conservative Tribune. “In addition, three other rules in proposed form could add $898 million in burdens and 146,000 paperwork hours, for a cumulative total of nearly $6 billion in potential midnight costs and nearly 500,000 burden hours from the two agencies.”
Four of the rules are due to come from the Environmental Protection Agency; the fifth, from the Department of Interior. And specifically, the rules are going to cut methane production on public lands, impose renewable fuel standard, regulate streams, and put in place policies to manage and control offshore oil and gas leasing and renewable development on federal lands.
What’s an incoming president to do?
If he’s smart and takes the advice of one financial analyst, the answer to that is simple.
Cut, chop, ax, destroy and toss “every final Obama order” that’s passed in the dead of night, in the final days of office, the Conservative Tribune reported, citing a Wall Street Journal insider.
Source: The Conservative Tribune