This morning, Cass Sunstein, head of the White House’s Office of Information and Regulatory Affairs, announced their review of regulations would lift “hundreds of millions of dollars” of regulatory burdens from businesses and consumers alike. Too bad the total regulatory burden is well over $1 trillion and the White House only found 30 regulations to cut or adjust. But not to worry – committees and task forces have been formed!
Still, it’s a step in the right direction, isn’t it?
Forgive my lack of enthusiasm, but I live in California where new regulations are lobbed at its citizens by state, local and federal officials on a daily basis. While New Jersey is opting out of cap and trade, California is closer to opting in. California even had to one-up the feds on the incandescent lightbulb ban, putting it into effect in January of this year. If Congress rolls back the federal ban on incandescents (which I fervently hope they do), we, in California, will still be stuck with bulbs that require a haz-mat team to remove.