From: Brookings
[Brookings] Editor’s Note: This report is part of the Series on Regulatory Process and Perspective and was produced by the Brookings Center on Regulation and Markets.
The Trump administration’s executive order requiring agencies to eliminate two rules for every new rule (“one in, two out”) has received a great deal of attention but little analysis of how it has worked in practice. Has the order chilled regulation that imposes new costs altogether? Or have agencies added new rules that impose costs while diligently eliminating old ones? Or have agencies managed to skirt the order and issue rules that impose new costs without providing deregulatory offsets? In short, how has the order actually affected rulemaking?