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Surprise rollback: 500 regulations on chopping block, savings could top $12b

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White House,Paul Bedard,Washington Secrets,Barack Obama,OMB,Budgets and Deficits,DOT
Hundreds of new federal rules and regulations and those on the books for years are now under review and may be junked under a “look-back” program President Obama created to offer businesses relief from costly and burdensome rules that just don't work. Office of Management and Budget Director Sylvia Mathews Burwell said that more than 500 regulations are being reviewed and reconsidered. She said...