Less Is More for Energy In Bush’s Budget

Conn Carroll /

Energy and environmental issues do not get much attention at budget time. Compared to the massive outlays for other programs and the overall 3.1 trillion dollar budget, the Department of Energy’s proposed 25 billion dollars, the Department of the Interior’s 11 billion, and the Environmental Protection Agency’s 8 billion are downright modest. The real problem for businesses and consumers are the costs of federal energy and environmental laws and regulations, which are probably 10 times more than the direct outlays from taxpayers to run the agencies. (more…)