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#1 User is offline   Liz 

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  Posted 18 October 2018 - 04:54 PM

Here’s How Much Red Tape Trump Has Cut

The Daily Signal
Diane Katz
October 17, 2018

Excerpt:

The Trump administration on Wednesday reported $23 billion in savings from 176 deregulatory actions in fiscal year 2018. Even more consequential, the administration has issued 65 percent fewer “significant” rules—those with costs that exceed $100 million a year—than the Obama administration, and 51 percent fewer than the Bush administration, after 22 months in office.

The regulatory accounting coincides with the release of the Unified Agenda of Regulatory and Deregulatory Actions, which outlines the rulemaking plans for federal agencies in the coming fiscal year.

In her introduction to the new agenda, Neomi Rao, administrator of the Office of Information and Regulatory Affairs, said, “[I]n modern times, the expansion of the administrative state has placed undue burdens on the public, impeding economic growth, technological innovation, and consumer choice. … Our reform efforts emphasize the rule of law, respect for the Constitution’s separation of powers, and the limits of agency authority.”

The administration in fiscal year 2018 took 57 significant deregulatory actions compared to 14 significant regulatory actions, according to Office of Information and Regulatory Affairs data.

Trump has pledged to “massively” reduce regulation, and he has so far significantly slowed regulatory output.

https://farm2.staticflickr.com/1962/30475107517_44b8a788ea_z.jpg

The Trump administration on Wednesday reported $23 billion in savings from 176 deregulatory actions in fiscal year 2018. Even more consequential, the administration has issued 65 percent fewer “significant” rules—those with costs that exceed $100 million a year—than the Obama administration, and 51 percent fewer than the Bush administration, after 22 months in office.

The regulatory accounting coincides with the release of the Unified Agenda of Regulatory and Deregulatory Actions, which outlines the rulemaking plans for federal agencies in the coming fiscal year.

In her introduction to the new agenda, Neomi Rao, administrator of the Office of Information and Regulatory Affairs, said, “[I]n modern times, the expansion of the administrative state has placed undue burdens on the public, impeding economic growth, technological innovation, and consumer choice. … Our reform efforts emphasize the rule of law, respect for the Constitution’s separation of powers, and the limits of agency authority.”

The administration in fiscal year 2018 took 57 significant deregulatory actions compared to 14 significant regulatory actions, according to Office of Information and Regulatory Affairs data.

Trump has pledged to “massively” reduce regulation, and he has so far significantly slowed regulatory output.

Ten days after taking office, he issued Executive Order 13771, which requires agencies to offset the cost of any new significant regulation (or guidance) with at least two deregulatory actions. The executive order also established a regulatory budgeting system under which the Office of Management and Budget assigns to agencies a cap on the amount of “incremental costs” that will be allowed for the fiscal year.

The Office of Information and Regulatory Affairs projects that the fiscal year 2019 caps will reduce regulatory costs, on net, by $18 billion (in present value). In addition, the administration has proposed a range of options for revising the Corporate Average Fuel Economy Standards and greenhouse gas emissions standards that are projected to save between $120 and $340 billion. And other deregulatory actions are in process, including a rollback of the Obama administration’s signature global warming regime.

To put that in perspective, annual regulatory costs under the Obama administration increased by $122 billion, according to analyses by The Heritage Foundation.

*snip*

Full Article
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#2 User is offline   HardRightBambi 

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Posted 18 October 2018 - 04:58 PM

Anyone still wondering if they should vote the party of expansive regulation and limitless taxation?

This post has been edited by HardRightBambi: 18 October 2018 - 04:59 PM

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#3 User is online   Taggart Transcontinental 

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Posted 18 October 2018 - 05:09 PM

Quote

In her introduction to the new agenda, Neomi Rao, administrator of the Office of Information and Regulatory Affairs, said, “[I]n modern times, the expansion of the administrative state has placed undue burdens on the public, impeding economic growth, technological innovation, and consumer choice. … Our reform efforts emphasize the rule of law, respect for the Constitution’s separation of powers, and the limits of agency authority.


Did you EVER THINK you would hear this statement from a member of the Federal Government? This is AMAZING.



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#4 User is offline   Currahee! 

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Posted 18 October 2018 - 05:18 PM

View PostTaggart Transcontinental, on 18 October 2018 - 05:09 PM, said:

Did you EVER THINK you would hear this statement from a member of the Federal Government? This is AMAZING.



In a word..........no.............
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#5 User is offline   HardRightBambi 

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Posted 18 October 2018 - 05:58 PM

View PostTaggart Transcontinental, on 18 October 2018 - 05:09 PM, said:

Did you EVER THINK you would hear this statement from a member of the Federal Government? This is AMAZING.

It gave me the Vapors!
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#6 User is offline   zurg 

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Posted 18 October 2018 - 06:03 PM

View PostTaggart Transcontinental, on 18 October 2018 - 05:09 PM, said:

Did you EVER THINK you would hear this statement from a member of the Federal Government? This is AMAZING.

That was exactly what I thought when I read that segment. :thud:
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#7 User is offline   Ticked@TinselTown 

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Posted 18 October 2018 - 06:47 PM

Every day I grow prouder and prouder of my vote for Trump.

He's keeping his promises IN SPITE of the vile, disgusting things the leftards AND the spineless RINOs do to stop him.
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