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House Oversight Report Reveals Biden’s $1.7 Trillion Regulatory Cost Surge

A recent report from the House Oversight Committee’s Republican staff shines a glaring spotlight on the Biden administration’s regulatory appetite, revealing a staggering $1.7 trillion in new regulatory costs since January 2021. This figure, detailed in an exhaustive 26-page document, paints a picture of an administration wielding regulations like a hammer to drive home its radical left-wing agenda while making it incredibly difficult for hard-working Americans to build their businesses and livelihoods.

House Oversight Committee Chairman James Comer of Kentucky isn’t mincing words. He claims that the Biden team has unleashed a “whole-of-government regulatory blitz” that is suffocating the economy under an avalanche of red tape. In simpler terms, Republicans are saying that this administration is more interested in paper-pushing than in actual governance, and the implications for American family budgets are dire. Increased costs and diminished choices aren’t just buzzwords; they’re becoming daily realities for those trying to navigate the murky waters of higher prices.

Among the rule-makers at the forefront of this bureaucratic barrage, the Environmental Protection Agency stands out with a staggering regulatory burden of $1.3 trillion. As everyone knows, green initiatives can sometimes come with a hefty price tag that hardly anyone can afford. One specific mandate targeting electric vehicles alone is slated to cost a mind-boggling $900 billion. So, while Washington churns out regulations as if they were candy, American families are left to foot the bill and wonder where their next meal is coming from.

Republican Representative Pat Fallon from Texas has hit the nail on the head, pointing out that these regulatory burdens not only threaten quality jobs but also drastically inflate costs for average American households. The GOP isn’t just sitting back and watching. With firmly planted feet and a promise to tackle this issue, if they regain power, they’re laying out plans to roll back unnecessary red tape and take a shovel to the bloated bureaucracy. Former President Donald Trump has even jumped into the fray, claiming that if elected for a second term, a priority will be slashing regulations down to size—ten-fold, no less.

The scandalous behavior of federal agencies has not gone unnoticed by the conservatives. Republican lawmakers argue that these agencies are skirting Congress altogether and reshaping laws to align with the left’s liberal whims—an approach that most legislation would never survive the scrutiny of elected officials. With the promise of more conservative governance on the horizon, the GOP is gearing up to pass the REINS Act, which would require congressional approval for any new “major rule.” It’s a bold move, but if the report’s implications echo the sentiments of the American public, it might just be the ticket to cutting through the bureaucratic clutter that has wreaked havoc on the economy.

Written by Staff Reports

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