Back in July, the White House released it’s spring Unified Agenda, revealing a ‘tidal wave’ of 3,503 federal regulations in the pipeline, 739 of which directly impacting small business owners. Today, The Hill published the first part of a series or articles titled “Regulation nation: Obama expands the regulatory state”, that will look at the recent growth of federal red tape and its impact on the country. The article notes that over President Obama’s first term, the Code of Regulations increased by 7.4 percent, compared to an increase of 4.4 percent during President Bush’s first term. Here are some noteworthy excerpts: “President Obama has overseen a dramatic expansion of the regulatory state that will outlast his time in the White House. The reach of the executive branch has advanced steadily on his watch, further solidifying the power of bureaucrats who churn out regulations that touch nearly every aspect of American life and business. Experts debate whether federal rulemaking has accelerated under Obama, but few dispute that Washington — for better or worse — is reaching deeper than ever before into the workings of society. “It would be difficult for anyone to pretend that this isn’t a high water mark in terms of regulation,” said Douglas Holtz-Eakin, a former director of the nonpartisan Congressional Budget Office who now heads the American Action Forum. Obama famously signaled his intent to use the machinery of government to further his policy goals after the 2010 elections, declaring: “Where Congress won’t act, I will.” sensibleregulations.org/2013/08/the-hill-president-obama-has-overseen-a-dramatic-exansion-of-the-regulatory-state/
Posted on: Mon, 19 Aug 2013 17:50:18 +0000
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