Agencies Ahead of Pace to Double Trump’s Goal for Savings Through Deregulation

Agencies Ahead of Pace to Double Trump’s Goal for Savings Through Deregulation
President Donald Trump cuts a red tape tied between two stacks of papers representing the government regulations of the 1960s (L) and the regulations of today (R) after he spoke about his administration's efforts in deregulation in the Roosevelt Room of the White House in Washington on Dec. 14, 2017. Saul Loeb/AFP/Getty Images
Ivan Pentchoukov
Updated:
The federal government is outpacing President Donald Trump’s goal for saving through deregulation with two months left in the fiscal year, according to a report by the American Action Forum. Twelve out of 22 federal agencies have already met or surpassed the savings target set by the president last year.
Trump signed an executive order shortly after taking office last year ordering federal agencies to repeal two old regulations for each new one they create. Federal agencies quickly outpaced that requirement.
Ivan Pentchoukov
Ivan Pentchoukov
Author
Ivan is the national editor of The Epoch Times. He has reported for The Epoch Times on a variety of topics since 2011.
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