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TrumpSoldier @DaveNYviii
, 20 tweets, 8 min read Read on Twitter
1) Trump Administration Regulatory Reform Progress Report Fiscal Year 2017
2) On January 30th, 2017, a mere six business days after being sworn in, President Trump signed Executive Order 13771.
3) Executive Order 13771 Reducing Regulation and Controlling Regulatory Costs
This EO is commonly known as the 2 for 1 in that it orders agencies to cut AT LEAST two regulations for every one issued. But it also created a process of control.

PDF>gpo.gov/fdsys/pkg/FR-2…
4) The Enforcer
EO 13771 orders the Director of the Office of Management and Budget Mick Mulvaney to control regulatory costs. (Sections 2 and 3)
5) Section 2 Regulatory Cap for Fiscal Year 2017
In addition to the 2 for 1 rule there is this: "the heads of all agencies
are directed that the total incremental cost of all new regulations, including
repealed regulations, to be finalized this year shall be no greater than zero"
6) The cost cap is highly significant in that even if agencies cut 2 (or more) regs to issue a new one, there can be no cost increase. No matter how many regs the agencies cut, if a new one adds cost to the budget, it cannot be done.
(Unless ordered by law or approved by OMB)
7) Section 3 Annual Regulatory Cost Submissions to OMB
OMB will control regulatory costs through submissions and incremental allowances.
8) President Trump and Mick Mulvaney are attacking this out of control monster.
Graph on left is the total cost of regulations. The one on the right is the number of employees needed to implement the regulations.
9) February 24th, 2017 President Trump signs Executive Order 13777
10) Executive Order 13777 Enforcing the Regulatory Reform Agenda
This EO creates Regulatory Reform Officers and Regulatory Reform Task Forces within each agency.

PDF>gpo.gov/fdsys/pkg/FR-2…
11) The Reformers
The RRO's and the task forces that they command are the agents of reform. EO 13777 orders them to use the following criteria to identify and eliminate regulations. (pg 2)
12) The Clinton/Bush/Obama Legacy of Regulation
All three of Trump's predecessors enacted regulations that escalated over the course of their terms, with Obama shattering all records. This chart shows the ones of economic significance. They are a high priority for the reformers.
13) The Cuts
The Trump Admin cut 67 regulations with the EPA (16) and the Interior (12) leading the way. Here is an agency breakdown.
14) Regulatory Reform: Completed Actions Fiscal Year 2017
ONLY 3 regulations were enacted in 2017, one of which was an Obama reg enacted in December 2016. Trump Admin 2017 scorecard is 67-2 or 38.5 to 1. OMB report detailing all 2017 reg actions>>reginfo.gov/public/pdf/eo1…
15) Mulvaney's Top Line OMB Report in accordance with EO13771 reveals a savings of $8.1 billion in regulatory costs or $570 million per year. If not for the inherited Obama reg those numbers would be $8.6 billion and $606 million! OMB Top Line PDF>
reginfo.gov/public/pdf/eo1…
16) Mulvaney Regulatory Reform: Cost Caps Fiscal Year 2018 also in accordance with EO13771 reveals Mick's plan for 2018 is a projected savings $9.8 billion, or $687 million per year. 2018 OMB Cost Cap PDF>reginfo.gov/public/pdf/eo1…
17) OMB is setting the guidelines and using caps and controls while the reformers embedded in each agency is reviewing regulations and the thousands of pages of documents generated by them. It is a herculean task.
cei.org/10KC/Chapter-2
18) Regulatory reform is often talked about in the context of relieving costs and restrictions on businesses. What is not often mentioned are the significant savings for the government. It's a win win.
19) You have to go back 35 years when the federal government was much much smaller to even compare to what Trump has done in his first year. It's astonishing.
20) Executive Orders 13771 and 13777 did not get much fanfare and reg reform cost reduction is flying under the radar. These EOs work hand in glove. They empowered Mick, the RRO's and the task forces to carve up the beast from within.
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