(BigGovernment.news) As tens of millions of Americans were preparing for Thanksgiving, the Obama regime was preparing to release thousands of new regulations sure to further stifle economic growth and add additional costs to goods and services.
Also, noted The Daily Caller, which reported that the administration unleashed 2,224 new federal rules, the actions portend what the president has in mind to accomplish before he leaves office in just over a year.
President Obama’s Unified Agenda for Fall 2015 is his regulatory roadmap, and it laid out the myriad of regulations that will be finalized in the coming months. Obama stuck to his habit of releasing the agenda late on a Friday evening before a major holiday, so as to gain maximum concealment.
The president’s Spring 2015 agenda was stuffed with more than 2,300 regulations and was released on the evening of the Memorial Day weekend. And in fall 2014, the agenda containing more than 3,400 rules was released the Friday before Thanksgiving.
Though the latest agenda contains fewer new rules, it nevertheless is an indication of what Obama has planned before he leaves office in January 2017 – a raft of new regulatory burdens on top of the millions of pages of existing rules and regulations that already cost businesses and consumers more than $1.8 trillion annually, according to the Competitive Enterprise Institute.
The new rules will include major energy and environmental regulations that are already being contested in federal court, such as new rules for coal mines and regulations that ban common pesticides.
As reported by The DC, during a one-week period in November the Obama Administration issued $1.8 billion in new regulatory costs, according to an analysis by the American Action Forum. That brought the total cost of regulations in 2015 to $183 billion – about half from final rules and the other portion from proposed rule.
“Observed nonattainment counties experienced losses of $56.5 billion in total wage earnings, $690 in pay per worker, and 242,000 jobs between 2008 and 2013,” according to AAF policy experts.
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