During the 2016 election, Donald Trump made a campaign promise to cut back on federal regulation by requiring bureaucrats to repeal two regulations for each new one they imposed. Paul Bedard reports over at the Washington Examiner that the Administration is claiming it has not only kept that promise but has done better still. The post quotes Russ Vought, the Acting Director of the Office of Management and Budget as saying, “We’ve hit 13 to 1.” The OMB is claiming the resulting reduction in paperwork has saved the economy 33 billion dollars.
The most significant rollbacks have been at the Departments of Labor, Agriculture, and Education and at the EPA.
Past performance is not a guarantee of future results, but wow, this sure looks like a good start!