Posted on 05/10/2012 9:54:11 AM PDT by lowbridge
Today, as part of the Obama Administration’s unprecedented government-wide regulatory review, the White House announced five final rules that will save nearly $6 billion in the next five years by eliminating outdated requirements and unjustified costs. To ensure that the federal government continues this important work, the President also signed a new Executive Order today, making it a continuing obligation of our government to scrutinize rules on the books to see if they really make sense. Today’s announcements mark an important milestone in the ambitious regulatory “lookback” that President Obama ordered in 2011 to cut through unnecessary red tape while promoting economic growth and protecting public health, safety, welfare, and our environment.
The President’s Council of Economic Advisers (CEA) also issued a report today on the “lookback” progress to date, noting that agencies have identified over 500 reforms, just a small fraction of which will save more than $10 billion over the next five years. “Smart rules can save lives and keep us safe, but there are some regulations that don’t make sense and cost too much,” said President Obama. “We will remain vigilant when it comes to eliminating regulations that are not necessary or that impose unnecessary burdens on America’s families and businesses.”
“By streamlining some rules and eliminating others,” said Cass Sunstein, Administrator of the Office of Information and Regulatory Affairs, “we can save billions of dollars in unnecessary costs while continuing to protect the health and safety of the American people.”
Continuing the Administration’s aggressive efforts to deliver a regulatory system that increases benefits to the American people while slashing costs, the new Executive Order signed by the President today directs agencies to promote priority-setting, by emphasizing reforms that produce significant quantifiable savings and by seeking comments from the American people on rules in need of review.
(Excerpt) Read more at whitehouse.gov ...
Obama, didn’t you say you’d cut the deficit in half by the end of your term (August 2009)?
You didn’t. You almost doubled it.
” cut the deficit in half by the end of your term (August 2009)?
You didn’t. You almost doubled it. “
‘Half’ — ‘Doubled’...
Those stupid fractions are so darned *hard*!!!!!!!
Consider the source - .gov
“said Cass Sunstein, Administrator of the Office of Information and Regulatory Affairs”
Cass “nudge” Sunstein the 2nd most dangerous man to freedom in the administraiton.
Every administration since Nixon has launched a plan to save billions by streamlining government and eliminating unnecessary waste and regulations. Under Clinton it was called something like “Reinventing America” and Al Gore was put in charge. Nothing has ever been accomplished.
“Your ass is grass”
I haven’t heard that in 50 years! There was an older boy i our hood that used to hold us down and stuff grass down our pants, itched like hell when I finally got it all out.
BTW, he turned out to be, well, less than masculine if you get my drift.
wow! only 3.5 years into a 4 year term, he figures out he needs to cut something
almost like conservatives want to do
The Soetero regime loves to repeatedly use ‘unprecedented’ in their comments.
Here’s how I’d like to see it used within about six months: “...Final results have been counted, and it’s clear that Obama has been rejected by the American people in an UNPRECEDENTED 70% voting against his attempt for a 2nd term.”
Who knew that eliminating Congress would save so much? /s
Today, starring the Letter “E”.
Close COMPLETELY the Departments of:
Education
Energy
Environment
This is literally a drop in a bucket, since 80,000 pages of regulations were added to the Federal Register last year.
” Did obama appoint a “Red-Tape-Cutting-Unnecessary-Regulation-Review Czar? “
Complete with a staff of thousands, whose first task is to write a 2000-page book of regulation Regulations...
6 Billion over 5 years???
Given that the government spends some 3.5 trillion a year (and increasing each year), that would be saving 6 billion out of 18 trillion or .033% or the equivalent of saving $16 if you made $50,000 a year!!
This is from the Onion...right???
As I understand the article, they created five more new rules. It wasn’t clear whether they actually eliminated any. Seems like if you are sincere about eliminating regulations and rules you would actually go ahead and do it rather than make more rules about it.
Destroying all these old records is got to save some storage costs, and somebody's a$$ in the process.
Hey! I was gonna post that...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.