The Obama Administration’s published regulatory agenda discloses nearly 200 federal rulemakings activities scheduled this year that could each cost a billion dollars or more.
“It has recently come to our attention that the Administration’s published regulatory agenda includes a total of 191 planned rulemakings, each with an estimated annual cost to our economy of $100 million or more, and that a number of these planned rulemakings may each have an annual economic cost in excess of $1 billion,” said House Republican Leader John Boehner (R-Ohio) of the regulatory agenda.
Today Boehner formally requested the President provide Congress with a complete rundown of those rulemakings with a projected economic price tag of $1 billion or more.
“The constant stream of new federal rules being handed down from Washington has created great uncertainty for American small businesses, and it’s one of the reasons our economy is not creating enough jobs,” Boehner said in the letter. “The Obama Administration owes the American people a full accounting of the degree to which its policies may be negatively impacting job creation in our country.”
This letter echoes a prior request sent in July.
“On July 23, Reps. Geoff Davis (R-Ky.) and Trent Franks (R-Ariz.) sent a letter to the Office of Information & Regulatory Affairs (OIRA) requesting that the Administration provide a list of all pending rulemakings with a projected cost to our economy in excess of $1 billion… I am writing [to] respectfully request that this information be provided to Congress by your administration at the earliest opportunity.”
Boehner is a cosponsor of Davis’ REINS Act which is legislation that would require congressional approval for any new Executive Branch rule imposing a cost of $100 million or more on our nation’s economy.
The entire letter can be found on Boehner’s website here.