News for social, fiscal & national security conservatives who believe in God, family & the USA. Upholding the rights granted by God & guaranteed by the U.S. Constitution, traditional family values, "republican" principles / ideals, transparent & limited "smaller" government, free markets, lower taxes, due process of law, liberty & individual freedom. All content approval rests with the ARRA News Service Editor. Opinions are those of the authors. While varied positions are reported, beliefs & principles remain fixed. No revenue is generated for this site - no paid ads accepted - no payments for articles. Fair Use doctrine is posted & used. Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year] Follow @arra Contact: firstname.lastname@example.org (Pub. Since July, 2006)Home Page
One of the penalties for refusing to participate in politics
is that you end up being governed by your inferiors. -- Plato
Wednesday, August 10, 2016
Gold Medal For Costly Regulations Goes To… President Obama!
“Much of this work will be carried out in the coming months by career bureaucrats working in the bowels of federal agencies, but the cumulative effect adds up to something larger: A final-year sprint by a president intent on using executive power… in many instances over loud objections from the businesses that will have to pay for it.” (“Obama Pushing Thousands Of New Regulations In Year 8,” Politico, 1/4/16)
“Nearly 4,000 regulations are squirming their way through the federal bureaucracy in the last year of Barack Obama’s presidency — many costing industry more than $100 million — in a mad dash by the White House to push through government actions affecting everything from furnaces to gun sales to Guantánamo.” (“Obama Pushing Thousands Of New Regulations In Year 8,” Politico, 1/4/16)
“The Obama administration is shoveling out regulations nearly one-third faster in its final year than during the previous three... The whoosh of final rules on everything from e-cigarette use to greenhouse gas emissions exceeds the pace during the same period in the Clinton administration. The goal is to deny [a Republican president] the opportunity to kill those regulations under an expedited process...” (“Obama Rushes Out Rules To Guarantee Legacy,” Politico, 5/18/16)
THE REGULATORY TAX: $1.95 Trillion In Annual Costs
“The Weidenbaum Center at Washington University in St. Louis and the Regulatory Studies Center at George Washington University in Washington, D.C., jointly estimate that agencies spent $63 billion in 2015 to administer and police the regulatory enterprise. Adding the $1.885 trillion in off-budget compliance costs brings the total reckoned regulatory enterprise to about $1.948 trillion.”(“Ten Thousand Commandments,” Competitive Enterprise Institute, P.2, 5/4/16)
“If one assumed that all costs of federal regulation and intervention flowed all the way down to households, U.S. households would ‘pay’ $14,842 annually on average in a regulatory hidden tax. That payment amounts to 22 percent of the average income of $66,877 and 28 percent of the expenditure budget of $53,495. The ‘tax’ exceeds every item in the budget except housing.” (“Ten Thousand Commandments,” Competitive Enterprise Institute, P.3, 5/4/16)
“…a large percentage somehow cannot be submitted electronically. For example, according to OIRA, 447 of HHS’s forms cannot be submitted electronically. ... Likewise, there are more than 1,000 Treasury forms that cannot be submitted online, as well as more than 1,400 Agriculture forms. In the year 2016, it’s discouraging that such a large percentage (28 percent) of supposedly vital private information must be mailed back to the federal government.” (“How Many Federal Forms are There?” American Action Forum, 4/21/16)
“HHS’s lead in forms has nothing to do with Medicare, Medicaid, or the Affordable Care Act. … [For example, one] HHS [paperwork] leader, ‘Evaluation of Dating Matters,’ collects 60 forms on everything from discussing ‘the possibility of misinterpreting feelings through text messages and/or emails’ among sixth graders.” (“How Many Federal Forms Are There?” American Action Forum, 4/21/16)
“The Department of Agriculture, somehow, imposes more than 3,700 forms… A review of the data reveals a collection for ‘Vegetable and Specialty Crops’ contains 334 associated forms, far more than even the Individual Income Tax (200). It appears this collection, at just 24,000 aggregate hours, contains a federal form for every item of produce imaginable: nominations to the ‘Vidalia Onion Committee,’ nominations to the ‘Hazelnut Marketing Board,’ a report of inventory for ‘High Moisture Content Prunes,’ and an application to ship Florida tomatoes for relief or charity.” (“How Many Federal Forms Are There?” American Action Forum, 4/21/16) Tags:Gold Medal, Costly Regulations, Goes To, President Obama!To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
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