Friday, December 28, 2012

Morning Bell: The 10 Worst Regulations of 2012

It seems that no aspect of American life can escape government regulation. In the past year, regulators drafted rules that addressed everything from caloric intake to dishwasher efficiency.


Most of these rules increase the cost of living, others hinder job creation, and many erode freedom. Not all regulations are unwarranted, of course, but increasingly, the rules imposed by the government have less to do with health and safety and more to do with whether government or individuals get to make basic pocketbook and lifestyle decisions that affect them. And it is not just the regulators who are to blame. Congress writes laws that give unelected bureaucrats the broad powers they wield.

Today we bring you 10 of the worst regulations from 2012:

1. HHS’s Contraception Mandate
The Department of Health and Human Services on February 15 finalized its mandate that allhealth insurance plans include coverage for abortion-inducing drugs, sterilization procedures, and contraceptives. To date, 42 cases with more than 110 plaintiffs are challenging this restriction on religious liberty.

2. EPA Emissions Standards
The EPA in February finalized strict new emissions standards for coal- and oil-fired electric utilities. The benefits are highly questionable, with the vast majority being unrelated to the emissions targeted by the regulation. The costs, however, are certain: an estimated $9.6 billion annually.

3. Fuel Efficiency Standards
In August, the National Highway Traffic Safety Administration, in tandem with the Environmental Protection Agency, finalized fuel efficiency standards for cars and light trucksfor model years 2017–2025. The rules require a whopping average fuel economy of 54.5 miles per gallon by 2025. Sticker prices will jump by hundreds of dollars.

CONTINUED:  http://blog.heritage.org/2012/12/28/morning-bell-the-10-worst-regulations-of-2012/?roi=echo3-14113239833-10781953-3bf731e1253b8d40187a4680578bdda0&utm_source=Newsletter&utm_medium=Email&utm_campaign=Morning%2BBell

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