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Obama's 'Legacy' Years: 3,000 Regulations And 8 Trillion In Debt
 [Daily Caller] President Obama’s time in the White House is ended, and after eight years, his administration has imposed more than 3,000 regulations and added nearly $8 trillion to the national debt.Obama started his presidency on a wave of optimism, working with a Democratic-controlled Congress to pass a $831 billion stimulus package, financial reform and a bill to overhaul health coverage -- his namesake, Obamacare. But Obama’s costly health care law cost his party dearly, and by his second term Republicans controlled the House in 2010, and then took over the Senate in 2014. Obama turned to alternative policy-making tools, using his "pen and phone" to regulate what he could not legislate. The Obama administration put out 3,069 regulations, adding nearly $900 billion in costs to the economy. Obama’s main focuses were fighting global warming and immigration. Obama’s rules added nearly 572,000 pages to the Federal Register, including a whopping 97,110 pages in 2016 alone -- an all-time record. Posted by: Besoeker 2017-01-20 |
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