Trump significantly reduces federal regulatory growth in first six months

This is an unequivocally good thing, and it's something that most certainly would not have happened under a Clinton presidency.

Credit where it is due.



Trump On Regulation: The First Six Months

Dan Goldbeck

With bold campaign promises and multiple executive orders (EO) , slowing down and rolling back the regulatory state has been one of President Trump’s most significant policy initiatives. Now that his administration has been in power for half of a year, it’s worth reflecting upon the progress the president has made on his regulatory promises. The results are substantial: new regulatory burdens are a fraction of those established under President Obama’s first six months; overall regulatory volume has slowed to historically low levels; and a number of notable deregulatory measures have been initiated.

Regulatory Activity

The following graph compares the regulatory records of Presidents Obama and Trump in their first six months. The figures below come from agency estimates and include all net burdens imposed by executive agencies from January 21, 2009 to July 21, 2009 for President Obama, and January 23, 2017 to July 23, 2017 for President Trump. (The relative start dates are different to allow for the first date in which each administration was in position to control which rules were officially published.) The figures do not include independent agencies as the administrations have no direct control over their rulemaking decisions.


Comparison of Executive Agency Action in First Six Months

Total Final Rule Costs:

$24.4 Billion Obama $1.2 Billion Trump


Annual Final Rule Costs:

$4.2 Billion Obama - $378 Million Trump


Paperwork Burden:

6,803,249 Hours Obama - 848,239 Hours Trump



Read more: https://www.americanactionforum.org/...#ixzz4pWB25pwF

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I saw a few headlines reading, "Trump has singed no significant bills into law".

TPTB were portraying it as a negative, lol.

Was thinking that this may be the best administration ever.

Would also be nice if we could repeal laws and downsize govt but thats asking a lot.

Thanks for posting this. While I cringe a lot over Trump, it is clear many of his campaign promises are being met. I would have loved to be a fly on the wall in his discussion with Mitch McConnell.

Assuming these numbers are on the up and up, agreed. Credit where it is due.

There's that damned depressing 'slowing the rate of growth' line again.

They're not even throwing us a bone. But they aren't increasing the amount of meat they take off our plates quite as fast as they were. It's a start, but it ain't anything to write home about.

How sad that we're reduced to being pleased by a 'slower rate of growth'. I remember back in the 1970s when people actually talked about stopping the truck and shifting it in reverse. My, how long ago that was!

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Originally Posted by acptulsa

There's that damned depressing 'slowing the rate of growth' line again.

They're not even throwing us a bone. But they aren't increasing the amount of meat they take off our plates quite as fast as they were. It's a start, but it ain't anything to write home about.

How sad that we're reduced to being pleased by a 'slower rate of growth'. I remember back in the 1970s when people actually talked about stopping the truck and shifting it in reverse. My, how long ago that was!

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Can you give us the math on that?

Quote:

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Originally Posted by dannno

Can you give us the math on that?

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Sure thing.

Quote:

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Originally Posted by Anti Federalist

This is an unequivocally good thing, and it's something that most certainly would not have happened under a Clinton presidency.

Credit where it is due.



Trump On Regulation: The First Six Months

Dan Goldbeck

With bold campaign promises and multiple executive orders (EO) , slowing down and rolling back the regulatory state has been one of President Trump’s most significant policy initiatives. Now that his administration has been in power for half of a year, it’s worth reflecting upon the progress the president has made on his regulatory promises. The results are substantial: new regulatory burdens are a fraction of those established under President Obama’s first six months; overall regulatory volume has slowed to historically low levels; and a number of notable deregulatory measures have been initiated.

Regulatory Activity

The following graph compares the regulatory records of Presidents Obama and Trump in their first six months. The figures below come from agency estimates and include all net burdens imposed by executive agencies from January 21, 2009 to July 21, 2009 for President Obama, and January 23, 2017 to July 23, 2017 for President Trump. (The relative start dates are different to allow for the first date in which each administration was in position to control which rules were officially published.) The figures do not include independent agencies as the administrations have no direct control over their rulemaking decisions.


Comparison of Executive Agency Action in First Six Months

Total Final Rule Costs:

$24.4 Billion Obama $1.2 Billion Trump


Annual Final Rule Costs:

$4.2 Billion Obama - $378 Million Trump


Paperwork Burden:

6,803,249 Hours Obama - 848,239 Hours Trump



Read more: https://www.americanactionforum.org/...#ixzz4pWB25pwF

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Now that you've got it, can you comprehend a word of it? Does it even seep in through your state of denial?

Quote:

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Originally Posted by acptulsa

Sure thing.



Now that you've got it, can you comprehend a word of it? Does it even seep in through your state of denial?

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Ya, it says he added $1.2 billion in regulations, but that doesn't take into account the $4.1 billion that he has cut.

Quote:

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Originally Posted by dannno

Ya, it says he added $1.2 billion in regulations, but that doesn't take into account the $4.1 billion that he has cut.

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It says there was a net increase of $1.2 billion. Which means you're trying to deny that the $4.1 billion in gross cuts was more than offset by $6.3 billion in gross increases.

Yes, it was taken into account. You just can't wrap your addled brain around the fact that regulations have been enacted since January. Not as many as Obama enacted, and yes, not as many as Clinton would likely have enacted. But enacted nonetheless.

Quote:

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Originally Posted by acptulsa

It says there was a net increase of $1.2 billion. Which means you're trying to deny that the $4.1 billion in gross cuts was more than offset by $6.3 billion in gross increases.

Yes, it was taken into account. You just can't wrap your addled brain around the fact that regulations have been enacted since January. Not as many as Obama enacted, and yes, not as many as Clinton would likely have enacted. But enacted nonetheless.

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So you think that the net increase in the costs of the regulations that Trump has implemented ($1.2 billion) includes an offset by the regulations he has cut ($4.2 billion), but really the $1.2 billion net was offset by revenues, not regulation cuts. Unless you can prove your math.

Quote:

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Originally Posted by dannno

So you think that the net increase in the costs of the regulations that Trump has implemented ($1.2 billion) includes an offset by the regulations he has cut ($4.2 billion), but really the $1.2 billion net was offset by revenues, not regulation cuts. Unless you can prove your math.

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You're quoting a $4.2 billion figure from another article which includes projected savings going out up to thirty years in the future, includes savings from regulations that aren't even repealed yet, and specifically excludes costs of the new regulations which have been enacted this year...

https://www.americanactionforum.org/...dministration/

...and applying that to the article above, and I need to check my math?

Quote:

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Originally Posted by acptulsa

You're quoting a $4.2 billion figure from another article which includes projected savings going out up to thirty years in the future, includes savings from regulations that aren't even repealed yet, and specifically excludes costs of the new regulations which have been enacted this year...

https://www.americanactionforum.org/...dministration/

...and applying that to the article above, and I need to check my math?

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Innumeracy strikes again :(