Trump administration on track to meet goal for reducing regulations
Washington Examiner:
Federal agencies, led by Labor and Health and Human Services, are cutting Obama-era regulations and saving money faster than demanded by President Trump, according to a new report.Twelve of 200 agencies have already met or surpassed the saving target. The leading regulation cutter is the Labor Department followed by Health and Human Services. What I find remarkable is how few stories there are suggesting that the lack of regulation has been harmful. In fact, it is part of the net positive that has resulted in the growth of the economy.
And as a result, the administration is expected to easily meet the president’s order to cut at least two old regulations for every new one issued and cut the costs of regulations.
“With less than two months remaining in FY 2018, the Trump administration is well on its way to surpassing its regulatory budget goals,” said the new report from American Action Forum, which charts federal regulations.
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