The U.S. Environmental Protection Agency is planning a regulatory onslaught during President Obama’s lame-duck period if he loses his reelection bid tomorrow.
Most significantly, the Washington Examiner reports EPA is planning on implementing new coal restrictions before President-Elect Romney would take office. The new regulations will destroy thousands of jobs and cost approximately $700 billion.
U.S. Senator James Inhofe (R-OK) reports EPA has held off on the coal restrictions and other costly regulations until after the November election to aid Obama’s reelection efforts.