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Brace yourself it's forests -- not only a new regulations on the way.
A new study finds major regulations still under review by the Obama administration.
Could cost is much is a 106 billion dollars before the end the year.
The biggest culprits -- EPA and the Energy Department here to explain sandbags -- director of regulation policy for the American action forum.
Sam welcome I wanna start what -- 106 billion dollar number that we were talking about in the break.
This is a lot of money so having six billion dollars.
These are rules that are still being written that were supposed to go on a place sometime this year this is -- laws already on the books this is what's coming tell us about that.
Correct for example they're already 25.
Economically significant regulations at the White House now that is.
Regulations and an economic impact of 100 million dollars or more some of those are rules under the Affordable Care Act to menu labeling rules.
Rules for vending machines.
-- -- requirements so there's a lot at the White House now there's also a lot of rules.
Better pass their statutory deadline that are past that deadline that the administration set for them.
That have been waiting around for several months.
We don't know why you -- you can assume that might because of the election because the pace that we're on right now.
Is significantly lower than other re election years for example 2008 -- -- four and 2000.
We sit up more than 80% of the rules have been under review for -- plus days.
Why is it takes a -- I mean look I don't even want to see these rules come at a place but at the end of today.
They should add some efficiency about about enacting them and and writing them down.
-- the biggest issue is is transparency in the units in the ninety day threshold under the executive orders ninety days -- get a maximum.
And you have roughly 80% of the rules that have been there longer than ninety days so this is is is really unprecedented part of the issue as -- mission is transparency.
The White House is under lost goes through released to unified agenda as the regulations.
Each year and the last when they issued was from last fall and even that was late and we don't have one.
For 2012 and also we have no clue really beyond what is at the White House was scheduled between thirteen and 2014 members of the house oversight committee yeah.
-- talk about your transparency problem that's a big transparency problem.
-- -- -- just in showing our viewers over your shoulder there a list of the regs that are coming.
And some of -- include this EPA boiler rules which are gonna put a significant burden on.
People who own factories and buildings everywhere and this is something people have been really worried about what's potential cost of something like that.
Sure as several billion.
Several billions of dollars that rule has been in and out of the regulatory process they.
Tried to finalize -- last year it's been kicking around the courts and surprisingly enough it is received a lot of blowback from even.
Moderates senators for example -- -- two senators remain are very worried.
About the -- Mac regulation is -- debt debt at the White House stopped for awhile as well.
And it's just a matter of time they're not gonna hold -- these rules forever so it's likely they're gonna be released this winner or sometime in the spring.
-- -- final rules for labeling requirements over under Obama care.
We've got what I think is of the farm dust -- the particulate matter rule is that farm best.
-- well I mean EPA is stress that.
Farmers don't have to worry about the rule and if you look compared the other rules that sort of seems like a drop in the bucket of 69.
Million dollars and according.
But there other rules for example the cooling water standards rule that would regulate a lot of thought power plants and how they use cooling water during the electric generation process so.
Department of Energy any PAR.
Really -- and have a lot of rules that have been at the White House for longer than ninety.
Yeah well you know you also have some other interesting number.
You say that 191000 employees are devoted to red tape telling about that.
Sure if you look at the aggregate paid for compliance burden of all these rules is roughly 37 million hours.
And that 37 million hours take a productive work here roughly 2000 hours divide that by 37 million roughly 191000 full time equivalent employees.
And in theory those are employees that would be dedicated solely to -- take a red tape compliance.
-- that quickly what kind of grade would you give the Obama administration for transparency.
Well of the regulatory flexibility act says he's supposed to publish to unified agendas and the White House hasn't published saying they given no reason why they haven't published -- so.
We're still clueless -- so why they're not obeying the regulatory flexibility act.
So no accounting for what they're doing bad.
I guess you know transparency is in the eye of the beholder Sam thanks for coming -- -- -- great stuff really appreciate your time they sent me.
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