House Speaker John Boehner (R-OH) sent the following letter to the White House today noting that the number of planned Obama Administration regulatory actions with a significant impact on jobs and the economy has spiked by nearly 15 percent since last year. In the letter, Boehner requests that President Obama identify for Congress which of these regulations have an estimated economic impact of more than $1 billion. See below for a copy of the letter and click here for the PDF:
August 26, 2011
President Barack Obama
The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500
Dear Mr. President:
Last year, on August 16, 2010, I wrote to you about my concern that the Administration’s published regulatory agenda included a total of 191 planned new regulations, each of which had an estimated annual cost of $100 million or more, with some involving billions of dollars annually. In my letter, I noted that at public forums, private sector job creators were citing this regulatory agenda as one of the primary impediments to job creation, especially for small businesses. I asked that your Administration identify for Congress all of your planned new rules that would have an estimated economic impact of more than $1 billion. Unfortunately, that requested information was not provided to Congress nor to the American people.
This year the Administration’s current regulatory agenda identifies 219 planned new regulations that have estimated annual costs in excess of $100 million each. That’s almost a 15 percent increase over last year, and appears to contradict public suggestions by the Administration this week that the regulatory burden on American job creators is being scaled back. All of this information is publicly available at Reginfo.gov.
I was startled to learn that the EPA estimates that at least one of its proposed rules will cost our economy as much as $90 billion per year. The Administration has not disclosed how many of the other 218 planned rules will cost more than $1 billion, nor identified these rules. This information is of great relevance to the American people, who face so much uncertainty about these new regulatory costs, and to the Congress, where we continue to aim to work with you in relieving unnecessary burdens and helping employers move forward to create jobs.
I am again asking that your Administration provide a list of all pending and planned rulemakings with a projected impact on our economy in excess of $1 billion. I ask that you provide this information by the time Congress reconvenes, so that the information will be available as the House considers legislation requiring a congressional review and approval of any proposed federal government regulation that will have a significant impact on the economy as we continue our efforts to remove impediments to job creation and economic growth for the American people.
Thank you for your attention to this request, and for our continuing dialogue on job creation.
NOTE: Click here for a copy of last year's letter to the White House on excessive federal regulations referenced by Boehner. And visit Jobs.GOP.Gov to learn more about the Republican Plan for America’s Job Creators which features legislation to rein in the red tape holding back private-sector job growth.
# # # # #