President Obama’s Regulation Double-Talk: In his speech to Congress on September 8, President Obama said that he “ordered a review of all government regulations.” While the president opines vaguely about regulatory reviews, his actions speak far louder than his words. The Obama administration has publicly listed a total of 219 new job-killing regulatory actions under consideration for the upcoming year, each of which would have an estimated cost to our economy of $100 million or more. Last week, President Obama revealed that seven of these regulations would have an estimated economic impact of more than $1 billion each in job-destroying costs for job creators.
President Obama Calls for $447 Billion for New “Stimulus”: In his speech to Congress on September 8, President Obama demanded that Congress pass a yet-to-be-seen stimulus bill which reports indicate will increase the debt by an additional $447 billion. The package is equal to 54 percent of the original stimulus’ $830 billion price tag—not including interest payments.
“IPAB stands for everything that is wrong with ObamaCare”: In a recent editorial, health policy expert Grace-Marie Turner of the Galen Institute explains “there is no question that Medicare must be improved to provide better health benefits to seniors at lower costs. But Congress is abdicating its constitutional responsibility by giving a panel of 15 unelected technocrats the power to cut Medicare spending and make decisions which will only result in rationing of care… IPAB stands for everything that is wrong with ObamaCare — taking power away from doctors and patients and putting it in the hands of elite experts who have virtually no accountability to patients or voters.”