7/12/2012

Get ready for flood of regulations after election

A soft freeze just means that these regulations are piling up.
But now Obama’s making it tougher to put costly new rules in place. His enforcer: Cass Sunstein, an old buddy from their University of Chicago days whose friendship with the president gives him more clout in the West Wing than many advisers of higher rank. Sunstein has imposed what is essentially a soft freeze on new regulations.
Even though that’s not official policy, the administration has been increasingly frugal in issuing regulations, according to a POLITICO review of government data and more than two dozen interviews with current and former administration officials, lawmakers in both parties, business leaders and liberal activists. The analysis of the federal rule-making database shows Obama as of Tuesday had issued 1,004 final regulations since arriving in office. That’s fewer than his two immediate predecessors, George W. Bush and Bill Clinton. This year, Obama is also on pace to put out the fewest “economically significant” regulations of any year in his presidency.
In classic Washington fashion, the administration’s slowdown of new rules is making liberals mad and winning Obama no credit from Republicans or the business community — especially not in an election year in which the over-regulator meme is so prevalent. . . .
UPDATE: The National Federation of Independent Businesses surely gets it (see stopthetidalwave.org).

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