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The "drop dead date" for federal regulations is fast approaching and we are expecting more overreaching proposals. This is the last date that proposed rules can be finalized by the Obama administration, without fear that the next President will overturn them under the Congressional Review Act. Regulatory agencies are expected to release a flood of regulations before this date. This regulatory outburst, first noted in the final days of the Carter Administration, is known as "midnight regulations."
Hillary Clinton took another sniper shot at Donald Trump’s tax reform plan last week by calling it “a tax cut for billionaires” like him. She even argued that Mr. Trump “spends” trillions of dollars on the tax cuts. Question: How do you spend money on a tax cut?
Following House Judiciary Committee Chairman Bob Goodlatte’s (R-Va.) decision to hold hearings on the articles of impeachment introduced against IRS Commissioner John Koskinen, FreedomWorks CEO Adam Brandon commented:
Join us for the kickoff of our *Constitution Revival Tour *set to take place at 1 p.m. (EDT) to 4 p.m. Saturday, May 21 at the Greater Columbus Convention Center in Downtown Columbus, Ohio. Get your FREE tickets to this Grassroots forum in the heart of the Buckeye State, here.
Just in time for Small Business Week, the SEC issued a 341-page concept release on disclosure requirements. Their generous gift of rambling, redundant Small Business Week reading material is accompanied with 340 pages of specific requests for comments. Unfortunately, the SEC forgot that every great novel needs a cover, so we provided them with the one pictured above.
Financial regulators released a 279-page proposal that would set parameters around how and when Wall Street Executives make their money. The proposal, mandated by the Dodd-Frank Act, is a five-year project spanning across six regulatory agencies.
Following an appearance by former speechwriters for President Barack Obama on The Charlie Rose Show Monday, in which they laughed when the now-infamous “if you like your plan, you can keep it” promise was mentioned, FreedomWorks CEO Adam Brandon commented:
Following a town hall event Monday in Lorton, Virginia, where Democratic front-runner Hillary Clinton could not explain why a concerned small business owner’s health insurance premiums increased dramatically under ObamaCare, FreedomWorks CEO Adam Brandon commented: