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White House: President Launches Initiative To Eliminate 10 Regulations For Every New Regulation Issued; Cost Of New Regulations Must Be ‘Significantly’ Less Than Zero

On January 31, the President signed an executive order to “unleash prosperity through deregulation” by requiring every federal agency to eliminate 10 regulations, rules or guidance documents for every new regulation they adopt.

It requires that for fiscal year 2025, the total incremental cost of all new regulations, including repealed regulations, be significantly less than zero.

There was no information available on where an analysis of what the regulations actually do or a cost-benefit analysis would be done as part of this initiative.

There also was no public participation or review element mentioned.

Click Here for a White House fact sheet.

Pennsylvania Republicans proposed an arbitrary cap on the number state regulations in 2018 and would have required two regulations be eliminated for every new regulation adopted as if the number of regulations-- rather than what they do, how they do it and who or what they would protect-- is important. Read more here.

NewsClips - New Federal Administration:

-- WSJ: US Imposes 10% Tariff On Canadian Oil, Gas, 25% On Other Products [PDF of Article] [United Refining In Warren Uses 70,000 Barrels Of Canadian Oil A Day ]

-- Wall Street Journal: New Federal Administration Memo Orders Agencies To Broadly Pause All Federal Grants, Loans, Financial Assistance Programs Pending Review [PDF of Article]

-- AP: Federal Judge Temporarily Blocks New Administration’s Freeze On Federal Grants And Loans

-- AP: President Rescinds Memo Freezing Federal Money After Widespread Confusion; Executive Orders Requiring Funding Review Still In ‘Full Force’

-- AP: President Rescinds Funding Freeze But Uncertainty Lives On For Wide Array Of Environmental Programs

-- Financial Times: President Wiped Out Dozens Of Biden’s Climate Initiatives In First-Week Blitz

-- Post-Gazette -Ford Turner: Republicans US Sen. McCormick, Cong. Reschenthaler Defend Funding Freeze

-- TribLive Editorial: Government Must Be Reliable To Function

-- TribLive/AP: Wall Street Journal Takes Critical Eye To Start Of President’s 2nd Term: ‘Remarkably Poor Judgment’

-- Inquirer: Gov. Shapiro Says Federal Funding Freeze Is Creating ‘Havoc,’ As PA, NJ Officials Scramble

-- TribLive: Federal Funding Comes Through To Replace Roughly 1,000 Lead Water Service Lines In Alle-Kiski Valley [ All Federal Disbursements Now Frozen ]