The Conservative Cave
Current Events => Economics => Topic started by: HAPPY2BME on January 31, 2017, 10:36:57 AM
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January 31, 2017 4:59 am
The first move came in the form of a memo to all federal agencies from Chief of Staff Reince Priebus, freezing all recently finalized and pending regulations. The American Action Forum, a center-right policy institute, found the action resulted in stopping rules that would cost the economy $181 billion.
"On day one in office, President Trump’s Chief of Staff, Reince Priebus, signed a memo to all executive agencies imposing a regulatory moratorium," wrote Sam Batkins, director of regulatory policy for the American Action Forum. "This may sound like an extraordinary action, but President Obama’s then-Chief of Staff, Rahm Emanuel, penned an almost identical memo eight years ago."
"According to American Action Forum (AAF) research, this memo put a hold on $181 billion in total regulatory costs, including $17 billion in annual costs, and 5.5 million hours of paperwork," Batkins wrote. "This moratorium freezes 22 rulemakings with annual costs above $100 million and 16 measures with more than $1 billion in long-term costs."
The American Action Forum concluded the Trump administration's regulatory freeze could have a major impact given the record amount of rules President Obama pushed while in office and during his final days in the White House.
http://freebeacon.com/issues/report-trump-halted-181-billion-regulatory-costs-first-day-office/
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put those savings in the fund for the wall.
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put those savings in the fund for the wall.
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Just saw some facts on the cost of illegal immigration costing TEN TIMES MORE in just ONE YEAR than it would cost to build the border wall (full border wall) just ONCE.
iow, this country could build TEN BORDER WALLS for the cost of what it pays to support illegal immigration from Mexico in just one year.