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IPFS News Link • Trump Administration

Trump's Push to Cut Red Tape Leads to Billions in Regulatory Savings for First Time on Record

• arclein

In addition, the order instructed government agencies to offset the costs generated by each new regulation with savings from cutting the old ones. The Trump administration also issued a regulatory budget, which capped the total regulatory costs some executive agencies can accrue at net zero and set regulatory savings goals for others. In total, the federal agencies are on pace to double Trump's savings goal this year.


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