Posted on 01/30/2017 9:35:37 AM PST by SeekAndFind
The new Trump administration will operate on a specific budget for new regulations, according to the executive order signed by Donald Trump this morning — and for 2017, the budget will be $0. The EO instructs federal agencies to eliminate two rules for every one they wish to add over the next four years, and Trump wants a focus on eliminating regulations that amount to rent-seeking for larger companies:
MOMENTS AGO: President Trump signs new executive order cutting government regulations on small businesses https://t.co/8so2iQ5456 pic.twitter.com/STvXLfN3uh
— CBS News (@CBSNews) January 30, 2017
“We want to end the unfairness between small and big business that’s caused by regulation,” Trump said before a meeting with small business leaders at the White House on Monday.
“Small business can’t hire the kind of talent that big businesses can hire,” Trump added, noting that small businesses have struggled to comply with burdensome regulations that big businesses are better-equipped to handle.
There will be exceptions made for emergencies and national security, the AP’s Julie Pace reports, but otherwise they want to stick to this plan. The Trump administration wants to execute a large-scale rollback of federal regulations in order to fulfill a key campaign pledge.
Aiming particularly at rent-seeking behavior is a very encouraging start, but we will need to see how far it goes — and whether it’s followed by similar reforms in tax law and other statutes. The biggest platform for rent-seeking behavior is the tax code, mostly in the corporate arena but also in the individual tax code for small-business owners. Congress will have to act to eliminate all of the carve-outs they have provided for their allies in order for Trump’s attack on influence and corruption to have a permanent impact. As we have seen over the last eight years and especially over the past week, the regulatory establishment can be easily manipulated from the top, but statutes stick.
By the way, for those who are wondering about overuse of EOs, this does fall within the authority of the president. Congress appropriates funds for agencies, but they are not required to spend it all, nor (outside of earmarks) are they bound to use them for increasing regulation. As long as the EO does not conflict with existing statute or cause federal agencies to exceed their jurisdiction, it’s legit — and another example of why elections matter.
Where is that Website of Winning? I’m already losing track...
And another one gone, and another one gone
Another one bites the dust
Gimmick, just get rid of the unwanted and unwanted regulations. Create new ones as needed. These games are a distraction. Open to criticism of deleting to make room rather than deleting because it is right decision.
My cup runneth over with leftie tears.
He should put out a flurry of these, while the Press is still trying to explain how Trump’s suspension of immigration from dangerous countries is completely different from Obama’s.
That will never be needed, he is after all “unequivocally the healthiest individual ever elected president.” One of the all time greatest trolls of the media was that doctor letter.
This guy is insane....
Winning...
BAM
Where is that Website of Winning? I’m already losing track...
__________________________________________
If you find it - let me know. Laz is doing a good job daily at posting a Winning List. And others try.
But it would take a full time staff of 2 dozen professionals to keep track of the daily - even hourly - winning orders, actions and events.
This EO is stupid and arbitrary.
It’s just going to make the bureaucrats think twice about adding any regulation, and make sure it’s worth removing two others. And it gives them the choice, so only the most useless regs will be deleted...
...wait, what?
sarc/
No, it’s a good idea, not a gimmick. It forces the tradeoff that you describe when a new regulation is adopted.
I support Trump, and I’m all for eliminating regulations, but why leave it up to leftist bureaucrats to pick and choose? Can’t Trump find anyone qualified to review and eliminate the bad regulations. This method is sloppy.
What exactly so important that it requires regulating RIGHT NOW?
Gut the register before adding any, I says.
That’s an easy one for the leftists to get around. They will eliminate 2 miniscule regs for every major draconian new reg they propose.
Thank you, Mr. Trump, for this.
Here is the money quote from his executive order:
"Sec. 2. Regulatory Cap for Fiscal Year 2017. (a) Unless prohibited by law, whenever an executive department or agency (agency) publicly proposes for notice and comment or otherwise promulgates a new regulation, it shall identify at least two existing regulations to be repealed."
This winning is becoming habit forming.
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