Politics

Republicans Warn of "Regulatory Cliff" Ahead

White House had been putting new regulations on hold during the campaign season

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While the "fiscal cliff" of looming tax increases and spending cuts dominates political conversation in Washington, some Republicans and business groups see signs of a "regulatory cliff" that they say could be just as damaging to the economy.

For months, federal agencies and the White House have sidetracked dozens of major regulations that cover everything from power plant pollution to workplace safety to a crackdown on Wall Street.

H/T John