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Entries in Government Regulations (2)

Wednesday
Aug312011

Obama Rebuffs Boehner Claims on Regulatory Burdens

MANDEL NGAN/AFP/Getty Images(WASHINGTON) -- President Obama on Tuesday rebuffed criticism of his regulatory agenda leveled by House Republicans, insisting the administration has created a less burdensome business climate than existed under his predecessor, George W. Bush.

In a letter to House Speaker John Boehner, Obama said that government rules and regulations imposed under his administration have saved tens of billions of dollars, in addition to “lives saved and illnesses prevented.”

The president also refuted a claim, made by Boehner in a letter to Obama last week, that more than 200 pending rules are poised to saddle American businesses with billions of dollars in new costs and thereby hurt the creation of jobs.

“The agenda is merely a list of rules that are under general contemplation, provided to the public in order to promote transparency,” Obama wrote.  “Many rules listed on an agenda, in any given year, are not issued.”

Of the pending rules, Obama said seven have estimated price tags of more than $1 billion.

Four Environmental Protection Agency air quality regulations, which would limit hazardous pollutants by utility companies and other sources, could have a combined cost of at least $33 billion, according to estimates Obama provided.  Three Transportation Department rules are reported to have an estimated combined cost of $5 billion.

“Of course, these rules are merely proposed,” Obama said, “and before finalizing any of them, we will take account of public comments and concerns and give careful consideration to cost-saving possibilities and alternatives.”

Republicans have sought to make the current regulatory climate -- particularly the new financial regulatory reform law and health care law -- a major line of attack against Obama and his handling of the economy.

House Majority Leader Eric Cantor said Monday that House Republicans would focus on repealing federal environmental regulations and labor rules supported by the Obama administration when they return from the August recess, all part of an effort to “focus on jobs.”

Copyright 2011 ABC News Radio

Tuesday
Jan182011

Obama to Sign Executive Order Against 'Dumb' Government Regulations

Photo Courtesy - Saul Loeb/AFP/Getty Images(WASHINGTON) -- President Obama will sign an executive order Tuesday to make clear that the operating principle of the U.S. government is to strike the right balance with regulations, neither "placing unreasonable burdens on business -- burdens that have stifled innovation and have had a chilling effect on growth and jobs" nor failing to "protect the public interest."

The president made the announcement in an op-ed in the conservative opinion pages of The Wall Street Journal, signaling his latest push towards the political center.

The administration, the president writes, is "making it our mission to root out regulations that conflict, that are not worth the cost, or that are just plain dumb."

The executive order "requires that federal agencies ensure that regulations protect our safety, health and environment while promoting economic growth.  And it orders a government-wide review of the rules already on the books to remove outdated regulations that stifle job creation and make our economy less competitive.  It's a review that will help bring order to regulations that have become a patchwork of overlapping rules, the result of tinkering by administrations and legislators of both parties and the influence of special interests in Washington over decades."

Copyright 2011 ABC News Radio







ABC News Radio