President Trump continues to exceed expectations
Trump’s first three months in office have been killer on deregulation! Through cleaning up managerial waste and dumping useless regulations, the Don has managed to save taxpayers more than $86 billion! That’s no small achievement.
Keep it up, President Trump!
The American Action Forum (AAF) points to several Obama-era regulations that Trump has either rolled back on his own or with the help of Republican lawmakers using the Congressional Review Act (CRA).
This includes the Education Department’s school accountability standards, the Environmental Protection Agency’s waters of the United States rule and the so-called “blacklisting” rule for government contractors.
These are just a few examples mentioned in the report. Since taking office, Trump and Congress have repealed 13 rules with the CRA. The CRA allows lawmakers to overturn recent rules they disapprove of with a simple majority in Congress, and send the action to the president for his signature.
“Just as there are fiscal costs for new significant rules, there can be savings from repealing old rules through comprehensive regulatory reform,” said Sam Batkins, director of regulatory policy at the AAF.
Proponents of stronger regulation warn that critics often assess only the costs of these rules, but overlook the financial benefits they create.
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