January 17th, 2024
Advancing American Freedom released the following statement after the Biden administration introduced another anti-consumer rule that would make life more difficult for everyday Americans.
“President Biden’s lifelong battle with basic economics continues. Under this new rule, the American people will pay more and get less,” said AAF Executive Director Paul Teller. “President Biden’s ‘solutions’ always make things worse for businesses and families. The Biden Administration and the unconstitutional CFPB continue to overreach, and this latest rule is the Democrats’ anti-business agenda personified. The Biden Administration strangles businesses with regulations and then questions why they fail. Instead of pursuing aggressive executive actions, the Biden administration should lift the regulatory burden placed on critical U.S. industries and unleash American ingenuity.”
Background:
The Trump-Pence Administration cut eight regulations for every new regulation, which would have increased the real income of Americans by $53 billion per year from 2021 to 2029 had the Biden Administration not declared war on American business. President Biden’s latest rule to attack “junk fees” is another step in the wrong direction, disguising overreach as “consumer protection.” Advancing American Freedom will continue to be a leading voice against Biden’s “junk fee” regulations.
You can read more on AAF’s work to unleash the American economy here.
