We have seen the future, and it sucks.

Common Obama-Era Legal Tactic Resulted in at Least $70 Billion in New Regulations

24th October 2017

Read it.

Environmental Protection Agency (EPA) Administrator Scott Pruitt’s decision to curb a common Obama-era legal practice could keep billions of dollars worth of regulations off the books, according to a new report.

The right-leaning American Action Forum found 23 regulations stemming from “sure and settle” lawsuits “resulted in a total cost burden of $67.9 billion, with $26.5 billion in annual costs.”

AAF looked at 23 major regulations imposed by EPA from 2005 to 2016, and found they resulted in hefty economic price tags. Settlements reached during the Bush and Obama administrations resulted in some of the costliest rules on the books.

Comments are closed.