Deregulation explodes under Trump, 13 regulations killed for every new one, $33B saved

Deregulation explodes under Trump, 13 regulations killed for every new one, $33B saved. By Paul Bedard.

It was an odd, geeky campaign promise for a populist presidential candidate to make. But when Donald Trump in 2016 pledged to kill two Obama-era regulations for every new one, crowds went wild.

Those cheers stuck with him when he moved into the White House, and he put his promise into an executive order. And now as he opens his reelection campaign, Russ Vought, acting budget office director, has delivered the results sure to win even more rally cheers.

“We’ve hit 13 to 1,” he told a Heritage Foundation conference on federalism. And cutting so many regulations, he added, has saved taxpayers $33 billion.