From: The White House | Blog

by Howard Shelanski

Summary: Over the past five years, we’ve been creating a cost-effective, 21st century regulatory system through retrospective review. Here’s a look at what we’ve accomplished:

In 2011 the President launched an unprecedented, government-wide review of existing regulations—known as retrospective review—as part of efforts to create a more cost-effective, evidence-based regulatory system for the 21st century. From maximizing savings and reducing burdens for State and local governments and industry, to eliminating tens of millions of hours of paperwork burdens for our nation’s citizens and businesses, to removing duplicative and burdensome regulatory provisions from the books altogether, this Administration has made more progress on retrospective review and achieved more cost savings than any prior Administration.

So, what specifically have we achieved in five years? Here’s a look at the power of retrospective review, by the numbers:

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