As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WASHINGTONEXAMINER.COM:
The Trump administration, in a frenzy to kill Obama-era regulations and beyond, more than doubled its savings goal and is on a pace to make record cuts to rules the president claims are jobs killers.
A new report on the year in regulation slashing from American Action Forum said that the administration achieved $1.65 billion in regulatory savings, miles above its goal of $687 million.
The article goes on to state the following:
And the administration is just starting on helping President Trump make good a campaign promise to kill regulations and brake the issuance of new ones, said the report.
“Considering there is already more than half a trillion in proposed rule savings to date this year, some of the administration’s most significant measures may be a major part of agencies’ FY 2019 budgets,” said the report from AAF regulatory experts Dan Bosch and Dan Goldbeck.
What’s more, the administration has started to shift from nixing Obama rules to digging deeper to cut others.
CLICK HERE to read more from the Washington Examiner.
Last Week in Regulation: Between both proposed and final rules, agencies published roughly $3.5 billion in net cost savings, and reduced paperwork by 130,052 million hours. https://t.co/YUDuQZWAaE
— American Action Forum (@AAF) October 1, 2018
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“As the calendar turns to October… a steady stream of deregulatory rules came in last week just under the wire for this year’s regulatory budgets under Executive Order 13,771.” – @DtheGman, Week in Regulation https://t.co/YUDuQZWAaE
— American Action Forum (@AAF) October 2, 2018