Trump Signs Executive Order On Regulation: "For Every New Regulation, Two Regulations Must Be Revoked"

Tyler Durden's picture

President Trump has signed an executive action to revoke two regulations for every one enacted, or as officials told AP, that they are naming the new directive a “one in, two out” plan. Federal agencies will need to revoke two regulations for every new regulation they request, and the White House will review the proposal, according to administration officials.

The order sets a budget of $0 for new regulations in 2017 and the administration will set a regulation budget each year, the official said on customary condition of anonymity. Military and national security regulations are exempt.

"This will be the biggest such act that our country has ever seen. There will be regulation, there will be control, but it will be normalized control," Trump said as he signed the order in the Oval Office, surrounded by a group of small business owners.

Trump's latest executive action will prepare a process for the White House to set an annual cap on the cost of new regulations, a senior official told reporters ahead of the signing. For the rest of fiscal 2017, that cap on new regulations would be $0, the official said on customary condition of anonymity.

Here are the key highlights in the order compiled by Axios, as per the text released by the White House:

  • Whenever an agency proposes a new regulation, it has to identify "at least two" previous regulations to be repealed.
  • For all new regulations, "the total incremental cost ... shall be no greater than zero."
  • If there are new costs, they have to be offset by eliminating costs in "at least two prior regulations."
  • The process will be directed by Mick Mulvaney, who's set to become the next director of the Office of Management and Budget.
  • If a new regulation wasn't already listed on the "Unified Regulatory Agenda" — a list of rules in the works — it can't be issued, "unless otherwise required by law" or unless Mulvaney says it's OK.
  • The limit applies to fiscal year 2017, which is already underway.

As Reuters adds, major regulations are typically reviewed by the White House's Office of Management and Budget (OMB) before they are issued. That review will continue under this new measure, but agencies will also have to identify what two regulations will be repealed to offset the costs of any new rule. The new order does not require that the repeal of the two regulations be done simultaneously with the release of additional rules, the official said.

"This vests tremendous power and responsibility in the OMB director to ensure the president's direction in how we manage this across the government," the official said.

This means that Trump's pick to lead the OMB, budget hawk Mick Mulvaney of South Carolina, will have critical say on any US regulatory spending and "pork" going forward.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Looney's picture

 

Slightly OT…

Germany’s got its panties in a wad – they’re jealous that Trump spent more time speaking with Putin than with Merkel (1 hour vs. 45 minutes).

According to Bild, he was surrounded by his top-level advisors paying attention to every single word between him and Putin.

With Merkel, however, there were fewer people in the Oval Office and those were quietly discussing “other issues”.

The world, boys and girls, is getting re-made right before our eyes  and here’s another proof of that - Trump hasn’t even spoken to the second largest economy in the world – the European Union!  ;-)

Looney

bamawatson's picture

USisCorrupt is with trump !

FreezeThese's picture
FreezeThese (not verified) bamawatson Jan 30, 2017 11:21 AM

Optics ... still no mention of attack on Mosque Donna

NumNutt's picture

Mussie's killing mussie's who gives a shit?

mtl4's picture

See when you elect someone other than career politicians they actually use logic instead of just creating more useless laws (which only serves to grow gov't and their budget)..........makes you wonder how we survived this far.

jbvtme's picture

an old libertarian ploy.  right on, mr. trump

InjectTheVenom's picture

how about instead of 2 regulations OUT , we make it 2 federal agencies OUT

 

MAGA

jcaz's picture

The fucking MAN!!!

It's cute how the Soros posers manage to leap onto this board every time a new story hits, so they get their names up near the top-  you're getting your $12/hr value, George- nice job.....

Shocker's picture

Best news we heard in a while, lets keep the winning going

Cut regulations, and let businesses grow

What we want - http://www.dailyjobfix.com

-

Dabooda's picture

I like it.  Trump should apply this to himself, as well:  void two of Obama's Executive Orders for each new one Trump enacts.   WINNING!

Better still:  void ALL of Obama's orders in one sitting, then go to work on the crap past Presidents have buggered us with.

NotApplicable's picture

I'm just wondering if this is legal in our current framework?

Here's a quick visual of the process.
https://www.youtube.com/watch?v=1TqBSI8ZBzQ

Nobody For President's picture

Thanks NA!

That was funnier than hell.

carbonmutant's picture

That was the first thing I thought of when I read the headline...

froze25's picture

It is, and its all because we are operating in a state of emergency that is renewed every year.

Déjà view's picture

One Step Forward...Two Steps backward...to/from...

Meat Hammer's picture

I really wish that when the troll detector goes off that my fellow ZHers would just ignore the trolls. Don't even down-vote them; don't comment, just ghost them. I take the bait sometimes, too, but silence is deafening and I need to remember that.

Completely ignore the trolls!

Kprime's picture

for every new troll, two trolls gotta go.

techpriest's picture

ZH is based on Drupal - surely there is a module out there to ghost trolls.

Edited to add: Maybe we could take up a collection to polish this one: https://www.drupal.org/project/ignore_user

PresidentCamacho's picture

Easy we must have a sureproof policy to kill shills . Some dissent is good for us and makes us think. We don't wanna become the hivemind echo chamber globalists we hate.

GadExp's picture

 

Nah.  I get enough dissent in REAL LIFE.  

 

ZH is my safe base where I know I can go to find at least one perspective somwhere that at least somewhat corresponds with the truth.

 

Down with the ZH dissenters!!

Meat Hammer's picture

There is plenty of disagreement and thoughtful discussion among the regular ZH crowd.  Trolls are just childish, annoying little fuckers who need to be ignored.  They add nothing to the discussion.

Deathrips's picture

+10000

 

"freedom massages" my wife laughed for an hour or so on and off after i said that to her.

might be a rips origional. :)

 

RIPS

vato poco's picture

the phrase you're looking for is "don't touch the poop, people"

chunga's picture

He's gonna have to. These crappy agencies will be against him every step of the way.

WARNING: Trump’s EPA Secretary Will Have ‘16,000 Employees Working Against Him’

http://dailycaller.com/2017/01/28/warning-trumps-epa-secretary-will-have...

Meat Hammer's picture

Until the Donald recommends to the house that they defund the EPA. That would be fucking priceless, and I could see him doing it. This man has a set of balls the size of my fucking head!

chunga's picture

The whining will be epic but who cares. Pretty much ALL of these agencies have been politicized and do nothing but use the power of the state to advance their wacky agendas, and those agendas have been rejected.

Here's an example of how they're all entwined for the purpose of crony fraud: EPA banned OTC Primatene Mist because it causes...GLOBAL WARMING! What that did was drive that company out of business, create increased costs and headaches for people who bought that product, and created another (mandated) opportunity for pharma to gouge with replacement products.

dizzyfingers's picture

Agree, Chunga. And those "agendas" are theirs, not the peoples'.

froze25's picture

Looks like he will have 16,000 terminations for insubordination to deliver.

TwelveOhOne's picture

"I am not an elephant!" (sorry)

To clarify my attempt at humor: when I was a young child I visited my grandfather who's a doctor, and randomly grabbed a book off the shelf and randomly opened it to a page, and it happened to be showing a picture of elephantitis of the nuts.  Really freaked me out, this guy's scrotum reached his ankles!

Many years later, I saw "The Breakfast Club" and the dialogue mentioned this, and conjured up the image.

Hence, "balls the size of your head" matches this pattern and I created some humor out of it, and then ruined it with this explanation.  Enjoy!

jus_lite_reading's picture

The entire EPA needs to be disbanded.

The answer to stopping global warming is cutting about 95% of gubermint jobs and telling the media to SHUT THE FUCK UP. All that CO2 we'll save will put us back into a nice little iceage!

 

ExpendableOne's picture

I read somewhere he was going to fire a few of them (7,500!).  So maybe not as many as you think.

Wang Dang SP's picture

I'm betting he's going to save that for re-election time.

greenskeeper carl's picture

Ya stossel has been banging this drum for years. I'd rather it be 5 to 1 but I'll take it none the less.

Rich Stoehner's picture

What laws get revoked? Who decideds what's is good and bad?

wildbad's picture

congress makes and repeals laws, not the pres. the supreme court is responsible for interpretation.

all of the millions of regulations that strangle business and every day life of most americans are what trump is going after as he should.

I love this shit GOOOO Trump!

Grumpy Old Objectivist's picture

You mean which regulations?

Let me answer with a question:

Who decided BEFORE what was good or bad?

PT's picture

Once he's whittled it all the way back to The Ten Commandments he can think about stopping.

brianshell's picture

Cut back to the seven deadly sins.

Ms. Erable's picture

This EO is a cop-out; teams of lawyers need to descend on federeal regulations like locusts and gnaw them to the bone, cutting fed.gov disfunctionaries out of the decision loop.

IOW, that swamp ain't gonna drain itself.

TwelveOhOne's picture

And once we get to the terrible twos, the next regulation will eliminate those two -- and then we won't be able to eliminate two regulations since "there can be only one", and checkmate!  (I like, to dream...)

https://youtu.be/U4WiyxXpyZc

Paper Mache's picture

Haha ... and the answer is... The very presidential President Donald JTrump gets to decide, cos he''s the brand new,  kick ass boss. 

Nobody For President's picture

Who decides what's good and bad?

Santa Claus?

groaner's picture
groaner (not verified) NumNutt Jan 30, 2017 2:43 PM

If Trump is for real, and not part of the Masonic Illuminati Jews, they have to kill him.. No way are they going to interfere with Agenda 21 Global Communisn HELL

balolalo's picture

HAHAHA!!!

simple minded people need simple solutions.  

2 for 1.   BOGO!!!  

THE DEVIL IS IN THE DETAILS FUCKTARDS

and the oligarchs, billionaire cabinet, and bannon know the details.  not you. 

balolalo's picture

excellent deduction.

two points.  gold star. 

OregonGrown's picture

You sir, get a participation trophy, congrats..... and thank you for playing!

cheka's picture

gold star or blue star?

TwelveOhOne's picture

Blue Horseshoe loves Anacott Steel.