The Daily Caller reports:
President Donald
Trump has cut the federal regulatory burden to levels that took the Reagan
administration years to achieve, according to a new report.
A report by the libertarian Competitive Enterprise Institute (CEI) found
the Trump administration cut the number of pages in the Federal Register 32
percent in the first nine months of this year. It took former President Ronald
Reagan several years to cut that many pages of regulations.
“President Trump compared to his predecessors is—so far—the least
regulatory president of all,” CEI’s director of technology studies Clyde Wayne
Crews wrotein an updated report on Trump’s
deregulatory effort.
Crews reported the Trump administration has also cut the number of new
regulations issued this year 18 percent from the end of the Obama administration.
Included in that is a 58 percent decrease in “significant” rules that come with
a $100 million or greater price tag.
“As we continue to watch the president’s progress on his economic priorities,
it’s interesting to compare Trump with previous presidents, namely Ronald
Reagan,” Crews wrote. “Under Reagan, both regulations and Federal Register
pages dropped more than one-third. So far, Trump has reduced the flow of
regulation even more.”
Upon taking office, Trump promised get rid of 70 percent of federal
regulations. The president signed an executive order asking federal agencies to
cut two existing regulations for every new proposed.
A coalition of left-leaning groups sued Trump in February, asking the court
to overturn the executive order to repeal two regulations for every new one
issued.
The groups argued the order would “block or force the repeal of
regulations needed to protect health, safety, and the environment, across a
broad range of topics – from automobile safety, to occupational health, to air
pollution, to endangered species.”
As part of the order, federal agencies created task forces to identify
regulations ripe for repeal. The administration has repealed hundreds of Obama-era regulations,
and delayed or halted progress on regulations in the pipeline.
“They are down a down 28 percent compared to the corresponding time frame
from Obama’s final year. Trump: 1241, Obama: 1737,” Crews wrote of proposed
federal rules.
“Note that Trump’s ‘significant’ proposed rules are drastically below any
predecessor. They are down 77 percent compared to Obama. Trump: 65, Obama:
290,” Crews wrote.
Incredible but true. No wonder the American economy is roaring into 3% plus GDP growth.President Obama expanded the regulatory state beyond recognition.
Trump rolled back most of the rules, and has continued to cut the expansion of the welfare and regulatory state in the United States.
It is admirable and welcome that the administration set up task forces to find rules to get rid of, too.
How incredible is this? Trump is rolling back these destructive, anti-business, anti-growth regulations faster than Ronald Reagan! Indeed, it is morning in America, and Trump is Making America Great Again!
PRESIDENT TRUMP is going to make the USA great again despite all the DemonRats / Progressives / Socialists / Commies trying to stop him. Is Donald Trump the only one in Washington DC who believes in the "Free Enterprise System"? The "Free Enterprise System" allowed the "Industrial Revolution" to become a reality and the "Industrial Revolution" halved the number of hours people had to work to make a living AND doubled our expected life span. We should worship smoke towers and fossil fueled power plants, NOT solar energy and windmills. Radical environmentalism is to be feared more than threat of Communism.
ReplyDelete