"President Barack Obama says his administration is considering seven new government regulations that would cost the economy more than $1 billion each a year, a tally Republicans will pounce on to argue that Congress needs the power to approve costly government rules.
"Seven months after receiving an executive order to cut red tape, federal agencies today released their final plans for cutting burdensome regulations, unveiling hundreds of changes that are estimated to save billions of dollars and millions of hours of paperwork in the coming years."
Two and a half years after being sued, EPA is under a twice-extended court deadline to release by July 28, 2011, proposed standards which will address air toxics from oil production facilities and natural gas production, processing, transmission, and storage facilities.
The standards were initially scheduled to be released in August 2010, then October 2010, after EPA determined that the ones approved during the George W. Bush administration weren't grounded in science, didn't protect public health with an adequate margin of safety, and didn't protect the environment.
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