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President Trump's administration, on orders to kill two regulations for every new one, ripped up the playbook during its first six months, eliminating 16 old rules for every new one, according to top officials.

Key highlights from OMB:

In the last five months of fiscal year 2016, the Obama administration imposed $6.8 billion in annualized costs from economically significant rules. By contrast, the Trump administration has imposed less than $0 in regulatory costs during its first five months.

Comparing Obama's first five months in office to Trump's, Obama imposed $3.1 billion in costs. Trump has cut regulations, realizing an annualized cost saving of $22 million.

The administration is "ahead of schedule" on the 2-for-1 regulatory cut, banking 16 regulatory actions, including 12 cut by Congress.

http://www.washingtonexaminer.com/trump-kills-16-regulations-for-every-new-one-crushing-2-for-1-goal/article/2629177


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