Donald Trump is far outpacing his promise to cut two regulations for every new one implemented. In fact, to the delight of fiscal conservatives across the country, he’s running circles around it to the tune of 16 regulations eliminated for each new one proposed.
The 16-to-1 ratio comes via numbers presented in a report this week from the Office of Management and Budget that shows the administration is holding true to its vow to be business-friendly, as opposed to the Obama administration which churned out regulations at a jaw-dropping pace. In Obama’s final year in office, the Federal Register, which lists the proposed and final regulations of federal agencies, set the record for the highest page-count ever: 81,640 pages.
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