REPORT: Obama Rushes $44 Billion Worth Of Regs Before Leaving Office
The Obama administration could end up finalizing $75 billion worth of regulations before and after the president leaves office in January, according to a new report.
That includes $44 billion worth of “midnight” regulations published after election day, but before President Barack Obama leaves office on January 21. The right-leaning American Action Forum (AAF) compiled a list of 40 rules scheduled to be published in the Federal Register since November 2016.
“The $75 billion estimate contains roughly 40 monetized figures out of what will be hundreds of potential final rules,” Sam Batkins, AAF’s director of regulatory policy, wrote in a report on potential midnight regulations. – READ MORE