Obama's proposed regs would cost billions annually - It's official.....Obama is clueless..........

President Obama told Speaker John A. Boehner in a letter Tuesday that his administration is considering seven regulations that would cost the U.S. economy more than $1 billion per year, although he added that these rules are “merely proposed.”

All told, the seven proposed rules cited by Mr. Obama would cost companies at least $38 billion per year and could cost as much as $100 billion annually.