President Has New Operating Principle

ABC News - President Obama today will sign an executive order to make clear the operating principle of the US government is to strike the right balance with regulations, neither "placing unreasonable burdens on business—burdens that have stifled innovation and have had a chilling effect on growth and jobs" nor failing to "protect the public interest." The president made the announcement in an oped in the conservative opinion pages of the Wall Street Journal, in yet another sign his move may be based in part in moving towards the political center (or at least being perceived as doing so.) The administration, the president writes, is "making it our mission to root out regulations that conflict, that are not worth the cost, or that are just plain dumb." Read full story:

President Has New Operating Principle