Nice idea, but it would never happen, for the simple fact that an entire army of beauracrats justify their existence and maintain power by these regulations. Any attempts to kill their livelihood or those who profit from those regulations will be ran down and crushed by the system.
And if we don't cut, the nation will die.
The Federale Gov’t is a huge jobs program for drones and idiots. It is a huge affirmative action jobs program for blacks, Hispanics and women and gays too. These are your Federale overlords. We are paying taxes to keep all these idiots living high off the hog. The nightlife in DC is tremendous, I have a relative who just visited. No recession there! Ever!
Sure we need some Federal functions such as guarding our border and defending America against attack. But really 70% of Federale workers should be fired and life would improve for the private sector workers and employers