Thursday, January 22, 2015

Progressive Socialist Government Results : Regulations Cost $726 Mil / day

I wonder if all those that voted, not just once but twice for more government are happy with the results? But never mind, most of those that voted have no idea why they voted for more government, it was just easier to do what others have convinced them was the right way to vote.

Telling a lie often enough will be accepted as the truth, and after decades of telling, millions will be more then willing to believe.  Actually have to make informed decisions that effect the country is beyond the willing believers mental capabilities, or so says Mr Gruber.

New Regulations Hit Consumers
Source: Sam Batkins, "President Obama's 'Year of Action' Cost Every American An Extra $567 in 2014," Federalist, January 20, 2015.

January 21, 2015

2014 was a busy year for regulations -- according to Sam Batkins of the American Action Forum, federal agencies added 79,000 pages of regulations last year. For every day that the federal government spent open, it published a staggering $726 million in new regulatory costs.
Which agencies are primarily responsible for the new costs and burdens on consumers?
  • The Environmental Protection Agency's rules were especially expensive, including limits on power plants' greenhouse gas emissions. The EPA itself expects electricity prices to increase from 5.9 percent to 6.5 percent by the end of the decade solely due to that one rule.
  • The Department of Energy issued multiple rules regulating energy efficiency. According to Batkins, dishwashers will cost an additional $100 thanks to the agency, and new air conditioners and heat pumps will cost an additional $17 to $23.
  • The Food and Drug Administration's new calorie labeling rules cost $1.6 billion, and the FDA itself says consumers can expect to see higher food prices as a result.
Batkins warns consumers to expect more regulations in 2015.
 

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