16 regs removed for every new rule introduced
The Trump administration has stopped over 800 regulations proposed under former president Barack Obama, according to a new White House report.
Reuters reported Thursday:
The White House said Thursday it had withdrawn or removed from active consideration more than 800 proposed regulations that were never finalized during the Obama administration as it works to shrink the federal government’s regulatory footprint.
In a report, the Trump administration said it had withdrawn 469 planned regulatory actions that had been part of the Obama administration’s regulatory agenda published last fall. Officials also reconsidered 391 active regulatory proceedings actions by reclassifying them as long-term or inactive “allowing for further careful review,” the White House said.
Eliminating red tape is a top priority for President Trump, who has issued several executive orders dealing with regulations, including the elimination of two federal rules for every new one introduced.
Officials said the administration has gone further, eliminating 16 regulations for every new rule proposed.
Trump halted $181 billion worth of Obama administration regulations on his first day in office by issuing a regulatory moratorium. Additionally, the administration and Congress have saved at least $60 billion in regulatory costs by rolling back Obama rules through the Congressional Review Act.
(First reported by The Washington Free Beacon)http://freebeacon.com/issues/trump-eliminates-800-obama-regulations/ (July 20, 2017)
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