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Biden Works to Cement ‘Bidenomics’ into Economy Before Election

Biden Works to Cement ‘Bidenomics’ into Economy Before Election


This article was originally published on The liberty Beacon. You can read the original article HERE

Biden Works to Cement ‘Bidenomics’ into Economy Before Election

BREITBART

President Joe Biden’s administrative state in recent weeks unleashed a barrage of economic red tape before a deadline that renders them difficult to undo by a potential Trump administration.

The scheme could possibly hamstring a potential Trump administration from revitalizing the economy.

The term “administrative state” specifically describes the phenomenon of unaccountable and unelected administrative agencies, including the national security apparatus, exercising power to create and enforce their own rules. The administrative state uses its rule-making ability to essentially usurp the separation of powers between the three branches of government by creating a so-called fourth branch of government not formed by the Constitution.

The administrative state implemented 66 significant rules in April alone, a number that is greater than any month since the Reagan administration, a Regulatory Studies Center analysis found. Biden’s administrative state published 111 more regulations than Trump implemented at the same point in his term, Axios reported.

The Associated Press reported a list of many of the rules:

  • Limiting auto tailpipe emissions
  • Forcing power plants to cut carbon dioxide emissions
  • Restricting new oil and gas leases on 13 million acres of a petroleum reserve in Alaska
  • Required oil and gas companies to pay more to drill on federal lands
  • Forcing oil companies to meet stronger requirements to clean up old or abandoned wells
  • Reinstating or strengthening more than 100 Green New Deal-type regulations that Trump weakened or eliminated

“The rules are safe in this Congress,″ Michael Gerrard, who teaches environmental law at Columbia Law School, told the Associated Press. “All bets are off” if Republicans take over Congress and the White House.

Gerrard’s comment was a reference to rules implemented before a “lookback period.” Any rules put into action before the deadline cannot be reversed by a potential Trump administration via the Congressional Review Act. When the “lookback period” begins is murky, but Axios reported Biden’s deadline to range between this week and September.
The new economic-related rules come while Americans suffer from increased costs. Those costs are closely associated with Biden’s war on American energy. Biden drove up the cost of energy via regulations, executive orders, and other means, causing more reliance on foreign energy.
Former President Donald Trump, who pledged to curtail the administrative state, told reporters this week that Biden’s war on American energy caused costs to soar.

“He’s unable to drill properly,” Trump said. “He’s destroyed everything we had….

CONTINUE WITH ORGINAL ARTICLE

Header featured image (edited) credit: Biden/JIM WATSON/AFP via Getty Images

Emphasis added by (TLB)

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This article was originally published by The liberty Beacon. We only curate news from sources that align with the core values of our intended conservative audience. If you like the news you read here we encourage you to utilize the original sources for even more great news and opinions you can trust!

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