Report Card On Trump’s Deregulatory Activity: Billions In Savings Reported

longknife

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Sep 21, 2012
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If you can’t get past DimocRATs doing everything they can to block the president’s initiatives, do the next best thing – repeal onerous regulations.

The big headline from “Cutting the Red Tape: Unleashing Economic Freedom” is that agencies’ achieved a 12-to-1 ratio of deregulatory-to-regulatory actions in fiscal year 2018, for a net savings of $23 billion (equivalent to about $1.6 billion in annual savings). Let’s look at these more closely.

Billions in savings reported

The report also presents each agency’s proposed budget for the coming year, which, if met, would yield combined present value cost savings of $18 billion in FY 2019. HHS commits to the largest cuts (almost $9 billion next year), followed by the Department of Education ($3 billion) and DOT ($1.8 billion). The Unified Agenda provides details of the regulatory and deregulatory actions underway.

Much more @ Report Card On Trump's Deregulatory Activity
 

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