Thanks need to go to the Washington Examiners editorial page (Monday, 9/19/11) for bringing our attention to a significant report by the House Oversight and Government Reform Committee, chaired by Darrell Issa (R-Calif.), examining the regulatory tsunami unleashed by the Obama Administration. Entitled Broken Government: How the Administrative State has Broken President Obamas Promise of Regulatory Reform, the committee report argues that the regulatory burden on the American economy is now so great that it has stifled productivity, wages, job creation and economic growth and it has caused job creators to lock down at a time when we need them to expand. The report also argues that federal agencies are avoiding meaningful scrutiny by employing numerous gimmicks including: 1) refusing to perform accurate cost-benefit analysis; 2) overturning decades of precedent without justification; 3) entering into sue and settle agreements; 4) enacting policy changes through guidance documents; 5) improperly issuing emergency rulemakings.
House Report Describes Staggering Expansion of Federal Regulation
September 20, 2011