Editor’s Note: See also The Coming of the Regulatory Budget.

From: The White House Blog

By: Neomi Rao

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Projecting progress toward reducing regulatory burdens, the agenda reflects an ongoing commitment to eliminate two regulatory actions for each new regulation and to establish a regulatory budget that reduces costs across the government, as directed by President Trump in Executive Order 13771. In the fall, OIRA will publish an accounting of the cost savings and deregulation achieved by agencies.

Our reforms are also by the book. Deregulatory proposals have to meet the same standards as regulatory proposals. OIRA reviews significant regulatory and deregulatory actions to ensure they are consistent with law, have benefits that substantially justify the costs, and serve the President’s priorities. Agencies have targeted ineffective, duplicative, and outdated regulations, while maintaining protections for health and safety.

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