Morning Bell: Obama’s New Regulations Cost Billions

Heritage "If you fly across the country, it’s easy to see signs of America’s ingenuity and productivity — skyscrapers in New York City, steel mills in Pennsylvania, factories in Chicago, farmland in the Great Plains, and the glittering technology of Silicon Valley. But what you can’t see, though it’s very real, is the invisible web of red tape crawling forth from Washington, crisscrossing the landscape, strangling job creators, tying down entrepreneurs, and tangling America’s engine of innovation in a mess of regulations. Under the Obama Administration, those endless miles of government-imposed directives has kept getting longer, as The Heritage Foundation reveals in a new study released today."
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 "On top of the thousands of regulations the Obama Administration has already implemented — costing America billions of dollars — more are on the way, promising to continue to drag down the economy and hamper job growth. Congress can and should take action to get this regulatory burden under control so that Americans can be free to get the country’s economic engine moving at full throttle once again."

Obama still drowning business in ocean of rules 

"This runs counter to what we’ve heard from the president’s apologists. Over the past several months, they’ve been bragging about his rule-making record. As the president himself said during his most recent State of the Union address: “I’ve approved fewer regulations in the first three years of my presidency than my Republican predecessor did in his.” 

"But a new report from the Heritage Foundation, “Red Tape Rising,” shows just the opposite is true. This administration has been on a rule-making tear."