President’s deregulation push ahead of schedule and expectations
One of the Trump administration’s most substantial accomplishments to date has been his initiative to cut costly government regulations. According to a new study, that program isn’t just meeting the president’s goal, it’s exceeding it, to the nation’s economic benefit:
The Trump administration is showing no signs of slowing its slashing of Obama-era regulations, beating their plans to cut two for every new rule and saving more than double what was hoped for, according to a new report.
“The Trump administration is making substantial deregulatory progress,” said a new report from American Action Forum.
“The administration is prioritizing deregulation, and it is set to double its goals of a two-for-one deregulatory-to-regulatory ratio and $686.6 million in net savings,” said the report from forum experts Dan Bosch, director of regulatory policy, and Dan Goldbeck, a senior analyst.
When he came to office, Trump promised to cut two regulations for every new one he imposed.
The duo said that the percentage is actually 3.75 to 1, an unprecedented reduction.
You can read the entire report here. It’s refreshing to see a president who promised to reduce the burden of government actually carry through on that promise…and do so with gusto.
More of this please.