Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Bus Econ over-regulation. Show all posts
Showing posts with label Bus Econ over-regulation. Show all posts

Saturday, October 08, 2011

Obama Administration’s Own Public Data Show Job-Crushing Regulatory Agenda Set to Increase, Not Decrease

Obama Administration’s Own Public Data Show Job-Crushing Regulatory Agenda Set to Increase, Not Decrease
Posted by Speaker Boehner’s Press Office on August 26, 2011  http://www.speaker.gov/blog/?postid=257372
By law, the Executive Branch is required to annually document the number of new regulatory actions it plans for the coming year, and to make this information publicly available.  A search of this year’s information, posted online in recent days, reveals that the Obama Administration’s job-crushing regulatory barrage is not being scaled back, but rather expanded, appearing to contradict White House rhetoric this week about President Obama’s intent to reduce the regulatory burden on job creators.
A simple scan of the Obama Administration’s current regulatory agenda indicates that the Administration currently has 4,257 new regulatory actions in the works, of which at least 219 will have an economic impact of $100 million or more.  That is an increase of nearly 15 percent over last year, when a similar search showed 191 new economically-significant regulatory actions by the Administration to be in the works.  Americans know from the Administration’s own statements that some of these new economically-significant regulations will have an economic impact of tens of billions of dollars.  But how many, exactly?  The Administration hasn’t said
House Speaker John Boehner (R-OH) today sent a letter to President Obama noting the scheduled increase in regulatory action by the Administration and asking that the White House provide Congress with a list of all of the regulatory actions it plans that would have an economic impact of $1 billion or more.  The Speaker formally requested that the White House provide this information before Congress returns this fall, when the House is scheduled to resume work on legislation promised in the Pledge to America that would require congressional approval for any new regulatory action that is projected to have a significant impact on job creation. 
Boehner sent a similar request for information to the president last August, when he was serving as House Republican leader.  The requested information was never provided.
Susan E. Dudley, director of the George Washington University Regulatory Studies Center, wrote about the 219 economically-significant regulatory actions planned by the Obama Administration this week in a guest op-ed for POLITICO in which she noted the president’s actions this week are unlikely to have much impact.  As Dudley noted: 
“The government’s most recent agenda of upcoming regulations (issued in July) does not indicate a slow-down in activity. It does list 4,257 regulatory actions under development — more than 300 more than last year at this time. Of those, 219 are expected to impose costs of $100 million or more — 28 more ‘major’ regulations than were listed by this time last year, and 47 more than in 2009.
“Some activity is required by new legislative mandates — particularly [Dodd-Frank and Obamacare].  Others, including the Environmental Protection Agency’s regulation of greenhouse gases under the Clean Air Act, are based on new judicial interpretations of statutes passed 20 or more years ago — and don’t necessarily reflect the priorities of any recent Congress.  But some are discretionary actions, like EPA’s pending decision to tighten ozone standards.  This is likely to slow economic growth in thousands of counties across the nation and impose costs of $20 billion to $90 billion per year, according to the agency’s own estimates.
“The reform efforts detailed in the agencies’ retrospective plans pale in comparison.  Reforms that may promise real savings, like the Labor Department’s efforts to streamline some reporting requirements, at best offer paperwork burden reductions valued only in the millions.  Other reporting reforms --like replacing paper submissions with electronic reports — might as easily facilitate regulatory enforcement as grant relief.  Some agencies’ plans may actually increase uncertainty — like the Council on Environmental Quality’s commitment to periodically review its ‘categorical exclusions.’  These exemptions have traditionally provided potentially affected parties some certainty that projects would not face unexpected regulatory requirements.”
NOTE: You can also check it for yourself.  The Obama Administration’s newly-updated regulatory agenda is posted online athttp://www.reginfo.gov/public/do/eAgendaMain.  Right on the front page is a graph showing that 4,257 new regulatory actions are in the works.  To dig a bit deeper on that number, one must go to the “Advanced Search” feature on the site, located at http://www.reginfo.gov/public/do/eAgendaAdvancedSearch#.  To reach that search page, go to the “search” box in the upper right corner of the main page, check the “agenda” box, and hit the search button, then click on the “Advanced Search” link that appears on the page that subsequently comes up.  From there, check the option marked “Search most current publication only” and hit “continue.”  On the next page that comes up, select the option “All,” and hit “continue” again.  On the page that comes up, visitors are given the ability to break down the data based on a variety of different criteria.  To obtain a list of the regulatory actions currently planned by the Administration that will have an economic impact of $100 million or more, go to the “Priority” options about halfway down the page on the left, and check the box marked “Economically Significant.”  Hit the search button at the bottom of the page. 

*****

Wednesday, October 05, 2011

Speaker of the House Boehner: White House to Taxpayers - Sorry About All This, But We Need You to Send Us More Money


Posted by Michael Ricci on September 29, 2011 http://www.speaker.gov/blog/?postid=262327

Bank of America today announced it will soon charge customers a monthly fee for using a debit card to make household purchases, a move geared towards preparing for “new federal rules” in the Dodd-Frank bill. This is another example of how the job-crushing policies coming out of Washington are taking money from the pockets of cash-strapped families and small businesses.  Here are two others:

Higher Health Care Premiums. According to newly released national survey, health care premiums in the workplace have jumped by a “whopping” 9 percent in the year following enactment of President Obama’s government takeover of health care. For the typical family, this amounts to an increase of more than $1,200. This is a far cry from the $2,500 decrease in premiums the president promised his plan would bring – a $3,700 swing, to be exact.

Higher Gas Prices. Average gas prices have risen by nearly 93 percent since the president took office, according to AAA data. Unfortunately, Washington has consistently blocked American energy production that would lower costs and create jobs. As gas prices rise, so does the cost of everyday life. Higher fuel prices force food suppliers to charge restaurants and grocery stores more, costs that are inevitably passed on to customers. Small businesses are also hit hard. “The price of gas was putting me out of business,” the owner of a Kansas transportation company said recently.

Higher costs from regulations is also a major concern right now, as evidenced by the Bank of America story. The Obama Administration currently has4,257 rules and regulations in the works, of which at least 219 will have an economic impact of $100 million or more – an increase of nearly 15 percent over last year. There are, of course, good regulations that protect our kids and our environment, but there are also excessive regulations that increase costs for consumers and small businesses. It’s these unnecessary regulations that hurt job creation and lead to higher prices for American families. In Speaker Boehner’s home state of Ohio, there are roughly 845 regulations in the pipeline that would affect small businesses – an 11.5 percent jump since 2009. Federal mandates are “forcing many area school districts to raise hot lunch prices” in Michigan, a state suffering from 10.9 percent unemployment. Similar examples abound.

Americans are paying more for health care, more for gas, more for food, and more to stay in business – largely on account of the Obama Administration – and now it wants taxpayers to send more of their hard-earned money to Washington. “The economy is stalled, and it’s been stalled, and it’s not because the American people have lost their way,” Speaker Boehner said recently. “It’s because their government has let them down.” Making job-crushing tax hikes the centerpiece of a jobs plan further proves this point.

There’s a better way, and it starts with responsible, long-term solutions to address cost-of-living concerns and remove government barriers to job creation. This is the focus of Republicans’ Plan for America’s Job Creators, the dozen or so jobs bills the House has passed, and areas of common ground that House GOP leaders have identified. Learn more at jobs.gop.gov.

20110929 Boehner WH to Taxpayers Send Us More Money
Boehner: White House to Taxpayers We Need You to Send Us More Money

*****

Tuesday, October 04, 2011

Speaker of the House John Boehner: White House to Taxpayers: Sorry About All This, But We Need You to Send Us More Money

White House to Taxpayers: Sorry About All This, But We Need You to Send Us More Money
Posted by Michael Ricci on September 29, 2011  http://www.speaker.gov/blog/?postid=262327
Bank of America today announced it will soon charge customers a monthly fee for using a debit card to make household purchases, a move geared towards preparing for “new federal rules” in the Dodd-Frank bill.  This is another example of how the job-crushing policies coming out of Washington are taking money from the pockets of cash-strapped families and small businesses.  Here are two others:
  • Higher Health Care Premiums.  According to newly released national surveyhealth care premiums in the workplace have jumped by a “whopping” 9 percent in the year following enactment of President Obama’s government takeover of health care.  For the typical family, this amounts to an increase of more than $1,200.  This is a far cry from the $2,500 decrease in premiums the president promised his plan would bring – a $3,700 swing, to be exact. 
  • Higher Gas Prices.  Average gas prices have risen by nearly 93 percent since the president took office, according to AAA data.  Unfortunately, Washington has consistently blocked American energy production that would lower costs and create jobs.  As gas prices rise, so does the cost of everyday life.  Higher fuel prices force food suppliers to charge restaurants and grocery stores more, costs that are inevitably passed on to customers.   Small businesses are also hit hard.  “The price of gas was putting me out of business,” the owner of a Kansas transportation company said recently.
Higher costs from regulations is also a major concern right now, as evidenced by the Bank of America story.  The Obama Administration currently has4,257 rules and regulations in the works, of which at least 219 will have an economic impact of $100 million or more – an increase of nearly 15 percent over last year.  There are, of course, good regulations that protect our kids and our environment, but there are also excessive regulations that increase costs for consumers and small businesses.  It’s these unnecessary regulations that hurt job creation and lead to higher prices for American families.  In Speaker Boehner’s home state of Ohio, there are roughly 845 regulations in the pipeline that would affect small businesses – an 11.5 percent jump since 2009.  Federal mandates are “forcing many area school districts to raise hot lunch prices” in Michigan, a state suffering from 10.9 percent unemployment.  Similar examples abound

Americans are paying more for health care, more for gas, more for food, and more to stay in business – largely on account of the Obama Administration – and now it wants taxpayers to send more of their hard-earned money to Washington.  “The economy is stalled, and it’s been stalled, and it’s not because the American people have lost their way,” Speaker Boehner said recently. “It’s because their government has let them down.”  Making job-crushing tax hikes the centerpiece of a jobs plan further proves this point.  

There’s a better way, and it starts with responsible, long-term solutions to address cost-of-living concerns and remove government barriers to job creation.  This is the focus of Republicans’ Plan for America’s Job Creators, the dozen or so jobs bills the House has passed, and areas of common ground that House GOP leaders have identified.  Learn more at jobs.gop.gov.

*****

Saturday, July 30, 2011

Washington Examiner: Dodd-Frank's winners: Revolving-door regulators by Timothy P. Carney


Washington Examiner




It may not prevent another bailout or protect consumers from dangerous financial products, but the Dodd-Frank financial regulation law -- now one year old -- has already benefited one group of people: the government officials who wrote and implemented the law before cashing out as lobbyists or consultants for Wall Street, hedge funds and big banks.

The top staff lawyers in charge of crafting the legislation in both chambers of Congress have both left Capitol Hill for K Street, as has a Securities and Exchange Commission staffer who helped implement the law. This is "private-sector job creation, Obama-style," as blogger Ira Stoll drolly notes.

The Great Wall Street Cashout is another example of how President Obama's agenda of bigger government -- and congressional Democrats' style of leaving the key details up to executive-branch regulators -- accelerates the revolving door and breeds crony capitalism.

Dodd-Frank was supposed to prevent future bailouts, tamp down on excessive risk taking by financial institutions and, through a new agency called the Consumer Financial Protection Bureau, protect regular people from predatory lenders or harmful and complex financial products… http://washingtonexaminer.com/politics/2011/07/dodd-franks-winners-revolving-door-regulators/116494

[…]

If you're looking for Dodd-Frank's big winners, they're easy to spot: They're the ones passing through the revolving door.

The big losers, according to a Bloomberg Government Study: 23 of the largest public financial companies in the United States face $22 billion in additional expenses and lost revenue, and likely a good deal more once all the regulations are put in place.

Timothy P. Carney, The Examiner's senior political columnist, can be contacted at tcarney@washingtonexaminer.com. His column appears Monday and Thursday, and his stories and blog posts appear on ExaminerPolitics.com.



Bus Econ Dodd-Frank, Bus Econ 2011, Bus Econ, Bus Econ over-regulation, Governance regulations, Bus Econ Banking, Business Banking, Journalists Carney Timothy
*****