Obama Administration Pushed Through $181.5 Billion in Regulations Last Year
Photo Credit: WNDBy Fox News. The Obama administration pushed through $181.5 billion in regulations last year, according to a new report from a conservative think tank that claimed the rules will lead to higher energy bills, more expensive consumer goods and fewer jobs.
The new rules mostly focus on clean energy and vehicle regulations, said the American Action Forum, which issued the report Monday. The state that was hit the hardest by new regulations was California, which was slapped with $7.9 billion in new rules, followed by Texas ($6.5 billion) and Ohio ($3.4 billion).
“What do these huge sums mean for individuals? Higher energy prices, pricier household goods, a more expensive mortgage, and the promise of yet another year of unrelenting regulatory growth,” concludes the report, which was authored by Sam Batkins, the group’s director of regulatory policy. “No one can accuse the president of abandoning his promises on regulation in 2014.” (Read more about the money Obama Administration used HERE)
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Obama has Threatened to Veto Keystone Pipeline Approval
By The Wall Street Journal. The Obama administration said Tuesday it would veto legislation that would authorize the Keystone XL pipeline or make a change Republicans want to the Affordable Care Act, hardening battle lines on top GOP priorities the day the party took control of both chambers of Congress.
White House spokesman Josh Earnest said President Barack Obama would veto legislation approving TransCanada Corp. ’s proposed pipeline, which would send up to 830,000 barrels of oil a day from Canada’s oil sands to refineries on the Gulf Coast. Mr. Earnest also said the president wouldn’t sign a potential tweak to the health law to alter its definition of a full-time worker, a move that would allow businesses to cover fewer workers.
Congressional Republicans consider Keystone XL’s approval one of their top legislative goals and placed it at the front of their agenda as the 114th Congress opened on Tuesday. (Read more from this story HERE)
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