By Byron York: New report cites 'regulatory tsunami' under Obama
The number and scope of federal regulations, along with the costs of those regulations and the number of federal regulators, are all growing despite an executive order from President Obama that was touted as a measure to curb over-regulation, according to a new report by the House Government Oversight and Reform Committee.
The report says the Obama administration has "imposed 75 new major regulations costing more than $380 billion over ten years." In addition, the report says there are 219 more "economically significant regulations" in the works which will cost businesses $100 million or more each year -- for a minimum cost of $21 billion over ten years. ...
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