Trump Targets $181 Billion Worth Of Obama-Era Regulations, And That’s Only The Beginning
MICHAEL BASTASCH
DailyCaller.com
02/13/2017
President Donald Trump has embarked on the largest regulatory rollback effort since the Reagan-era, delaying or withdrawing hundreds of rules and working with Congress to repeal dozens more.
The Trump administration withdrew 24 economically significant rules –those costing more than $100 million — in his first week, and delayed the publication of about 250 more regulations with an an executive order to halt the publication of “midnight” regulations pushed by President Barack Obama.
All told, Trump’s put a hold on $181 billion worth of new regulations, according to data compiled by the right-leaning American Action Forum (AAF). That includes 22 costing more than $100 million and 16 measures costing more than $1 billion in the long-run.
“The incredible regulatory output of the Lame Duck Obama Administration has given President Trump plenty of reform opportunities, but it will take months to vet the last pieces of President Obama’s regulatory legacy,” Sam Batkins, AAF’s director of regulatory policy, told The Daily Caller News Foundation.
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