Obama orders regulation review
President Obama said he aimed to balance health, safety and environmental regulations.
January 18th, 2011
02:05 PM ET

Obama orders regulation review

President Obama, in his latest effort to patch frayed relations with businesses, signed an executive order Tuesday intended to "strike the right balance" between health, safety and environmental regulations and economic growth.

The president, in an op-ed piece in the Wall Street Journal, wrote that his order will prompt "a government-wide review of the rules already on the books to remove outdated regulations that stifle job creation and make our economy less competitive."

"It's a review that will help bring order to regulations that have become a patchwork of overlapping rules, the result of tinkering by administrations and legislators of both parties and the influence of special interests in Washington over decades," Obama wrote.

The business world has locked horns with the Obama administration over such legislation as health care and financial reform that the president signed into law last year. In his annual State of American Business address on Jan. 11, U.S. Chamber of Commerce President Tom Donohue targeted the "web of red tape" in health care, financial reform and energy regulation as holding back economic recovery.

After his Democratic Party suffered a big defeat in the November midterm election, losing control of the House, the president promised to improve his ties with business.

soundoff (9 Responses)
  1. Steve

    Only took him two years to realize that demonizing and attacking business doesn't get people hired.

    January 18, 2011 at 3:27 pm | Report abuse |
  2. Cesar

    Oh Steve, don't be silly my friend. Obama is a diplomat and a compromiser. If you do not know that be now, then I am speechless my dear friend. GO OBAMA! WIN!

    January 18, 2011 at 3:51 pm | Report abuse |
  3. banasy

    Obama DOES demonize and attack big business- the ones that suck the American people dry, then ask for bloody bailouts when their CEO's run the businesses into the ground!!!!
    I'm with Cesar-GO OBAMA!!!!

    January 18, 2011 at 5:42 pm | Report abuse |
    • Scotty

      Those would be the same CEOs that the prez took contributions from for his election , right.

      January 18, 2011 at 6:47 pm | Report abuse |
    • Alright Scotty! Beam Mmmmm Up!

      Oh my! Our emotionless president is about to deliver to the unsuspecting the Vulcun mind meld or the Vulcan nerve pinch and if all else fails the Vulcan death grip!

      January 19, 2011 at 12:05 am | Report abuse |

    he never going to get re-elected. he should have focused on nothing but jobs, and bringing jobs back to america.

    more jobs = more tax income. ofcourse we'll be in the negative if we dont have people working and paying income tax..

    the only thing obama has guarenteed is republican rule for the next 8-16 years just like jimmy carter.

    January 18, 2011 at 5:43 pm | Report abuse |
    • Mmmmm

      such a heart breaker you enjoy lovin 'im and leaving 'im

      January 19, 2011 at 12:10 am | Report abuse |
  5. Sees All Evil

    As our unemployed numbers shrink and our stock market makes modest but undeniable gains the turnaround begins to happen regardless of peoples denial @ruffnutt and mmmmm nobody has learned a thing. all i can say is you two must be rich and have health care comparable to those in the house of representatives because if you cant see things making a slow upward swing your blind. Go Mr. Obama you have my vote. God bless you and God bless America.

    January 19, 2011 at 9:39 am | Report abuse |
    • Mmmmm

      You wouldn't happen to be that eyeball sittin' on top of the pyramid?

      January 19, 2011 at 7:18 pm | Report abuse |