...unprecedented of "midnight regulations" ranging from tightened water quality rules to increased mandatory energy minimum efficiency standards for air conditioning, heat pumps, and washing machines. Thus we should wonder, with the George W. Bush administration entering its last year in the White House, what regulatory changes will they make before the clock strikes midnight?

Virtually every modern president has made some regulatory change in the final days of his administration. But it was not until the regulatory outburst of President Jimmy Carter's final days, before Ronald Reagan entered the Oval Office, that the term "midnight regulation" was coined. At the time, the Carter administration set the record for the number of pages printed in the Federal Register during the midnight period--the full three months of November and December in presidential election years...

NOTE: All illustrations and photos have been removed from this article.



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