On January 31, 2025, President Donald J. Trump signed an executive order mandating that for every new federal regulation introduced, agencies must eliminate at least ten existing ones. The directive tasks the Office of Management and Budget with standardizing the measurement and estimation of regulatory costs, ensuring that the total incremental cost of all new regulations in fiscal year 2025 is significantly negative. This move aims to counteract what the administration describes as the previous administration’s excessive regulatory measures, which they claim imposed $1.7 trillion in costs on Americans. The administration argues that overregulation hampers entrepreneurship, burdens small businesses, limits consumer choices, stifles innovation, and elevates living costs, particularly in energy. Building on his first term’s efforts, where the administration exceeded its 2-for-1 deregulation goal by eliminating five and a half regulations for every new one, President Trump seeks to further reduce federal regulatory burdens to stimulate economic growth.
President Donald J. Trump Launches Massive 10-to-1 Deregulation Initiative
January 31, 2025
ELIMINATING 10 REGULATIONS FOR EACH NEW REGULATION ISSUED: Today, President Donald J. Trump signed an Executive Order to unleash prosperity through deregulation.
- The Order requires that whenever an agency promulgates a new rule, regulation, or guidance, it must identify at least 10 existing rules, regulations, or guidance documents to be repealed.
- The Director of the Office of Management and Budget will ensure standardized measurement and estimation of regulatory costs.
- It requires that for fiscal year 2025, the total incremental cost of all new regulations, including repealed regulations, be significantly less than zero.
HALTING THE REGULATORY ONSLAUGHT: President Trump will halt the job killing and inflation-driving regulatory blitz of the Biden Administration.
- The Biden Administration imposed a historic $1.7 trillion in costs on the American people.
- Overregulation stops American entrepreneurship, crushes small business, reduces consumer choice, discourages innovation, and infringes on the liberties of American citizens.
- It also contributes to the high cost of living, including by driving up energy prices.
BUILDING ON PAST SUCCESS: President Trump’s first Administration undertook the most aggressive and successful regulatory reduction effort in history.
- In his first term, President Trump asked the agencies to eliminate two regulations for each one new regulation issued. Not only was this 2-for-1 goal achieved, the first Trump Administration eliminated five and a half regulations for everyone new regulation issued.
- This Executive Order builds on President Trump’s previous success to improve daily lives of the American people by reducing unnecessary, burdensome, and costly Federal regulations.
The White House1600 Pennsylvania Ave NW
Washington, DC 20500
Sources: WH.gov , Midtown Tribune,
Big New York news BigNY.com
