Barack Obama just secretly signed last-minute regulations costing $7.4 billion over the New Year holiday season. In the space of just one night Obama pumped out a set of “midnight” regulations that could end up costing the taxpayer over $44 billion. Dailycaller.com reports: Sam Batkins, director of regulatory policy at the right-leaning American Action Forum (AAF), compiled a list of regulations published Wednesday night in the Federal Register. The administration released more than $7.4 billion in regulations last night. #midnight pic.twitter.com/EVthdChPd4 — Sam Batkins (@sambatkins) December 29, 2016 The Obama administration is making sure its last months in control of regulatory agencies are used to pump out as many rules as it can. These “midnight” regulations could end up costing more than $44 billion, though many are likely to be repealed by Congress and President-elect Donald Trump. Federal agencies are on track to impose a record number of major regulations this year. The Obama administration is on track to impose 100 new regulations in December — twice the monthly average for 2016. It will take @USGAO time, but it looks like 2016 will break the record for most major rules in a calendar year. Congrats, @WhiteHouse! — Sam Batkins (@sambatkins) [...]
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