Only a Trickle of New Rules, Not a Wave

The business community and its allies on Capitol Hill have warned for over a year that a "tsunami" of new regulations will be flowing out of the Obama administration, undermining the anemic growth of the economy. To prevent this imagined emergency, they continue to propose draconian "reforms" of the regulatory system – changes that would further delay and obstruct the work of federal agencies attempting to implement the laws they were established to enforce.

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