Obama administration delivers delayed regulatory agenda, could cost billions

Deleted member 472633 · Jan 4, 2013

]Dozens of federal agencies, from the Energy Department to the Department of Homeland Security, have the authority to issue regulations without any congressional involvement.
Simply put, Dupree says, "The regulators are very powerful." Their reach extends into every corner of U.S. business operations and private property.
"They control the cost of the products that you buy, your living conditions, your work conditions, limit the kinds of activities that you can do," Malcolm said. He also notes that many of the regulations carry significant civil and criminal penalties and that average Americans sometimes wind up in jail - even when they aren't aware of the provision they're ultimately convicted of violating.
In just the last 90 days, according to its own website, the federal government has issued more than 5,500 new regulatory proposals. However, it continues to miss deadlines related to the health care law and the Dodd-Frank law regulating Wall Street. Roughly half of those regulatory deadlines have been missed.

Read more: Obama administration delivers delayed regulatory agenda, could cost billions | Fox News
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