Feds look for a 20% reduction in regulation introduction for 2017 through deregulation and suspension. But how many are for the good of business and environment – PB/TK
Trump slashes hundreds of regulations – foxbusiness / July 20 2017
While President Donald Trump, marking the end of his first 6 months in office Thursday, works toward his first major legislative victories with health care and tax reform, another campaign promise has more quietly come to fruition: deregulation.
The Trump administration has withdrawn or delayed 860 proposed regulations in its first five months, the beginnings of a regulatory overhaul meant to bolster economic growth.
In combination with tax reform, deregulation has been listed as a crucial component of the White House’s economic agenda, which targets 3% GDP growth over the next couple of years.
Federal agencies have withdrawn 469 proposed regulations compared to a fall 2016 report when Barack Obama was president, according to figures from the White House budget office. This includes 19 regulations with an economic impact of $100 million or more. Another 391 regulations have been delayed for further evaluation and consideration.
Continue to foxbusiness.com article: http://www.foxbusiness.com/politics/2017/07/20/trump-slashes-hundreds-regulations.html
