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 Trumpís most significant policy initiatives. Now that his administration has been in power for half of a year, itís 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 Obamaís 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

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