Promise kept: Trump killed 2 old regs for every new 1, $645 million saved
The Trump administration has fulfilled one of the president’s key campaign promises to wipe out costly Obama-era regulations, according to a new fiscal year ending report card on the effort. The American Action Forum found that the administration kept its one in, two out plan and saved $645 million, and has another $600 million in savings on the way.
“By any measure, it has been a significant period for regulatory reform,” wrote Dan Goldbeck, a research analyst for regulatory policy at the American Action Forum, the center-right policy shop headed by former Congressional Budget Office Director Douglas Holtz-Eakin.
And for those that say “this will make us unsafe”, I ask this time tested economic question:
At what cost? And when is that cost too much?
(H/T: American Lookout)