Congress Must Step Up For True Deregulation To Become A Reality
Article from Reason by Matt Welch.
“While the Republican machine that emerged from the 2016 election may be sputtering on other fronts,” The Wall Street Journal‘s Gerald F. Seib wrote this week, “it is proving to be a juggernaut on deregulation.” But is that really true?
Seib notes that a recent U.S. Chamber of Commerce survey shows (in his phrasing) “29 executive actions…to reduce regulatory requirements,” “100 additional directives that either knock down regulations or begin a process to eliminate or shrink them,” “almost 50 pieces of legislation that have been introduced or begun moving through Congress,” plus the overturning of 14 end-of-term Barack Obama regulations via the Congressional Review Act (CRA).
He does not mention, though you can read all about it right here, that the Competitive Enterprise Institute one month ago issued a report at the Trump administration’s nine-month mark concluding that he is “the least regulatory president of all,” with significant ($100 million and up) regulations down 58 percent from Obama’s first 9 months of 2016, and significant proposed rules down 77 percent.
As Susan Dudley, the regulatory studies director at George Washington University and former administrator for the Office of Information and Regulatory Affairs, recently concluded, “Despite some promising bipartisan efforts, the 115th congress has failed to make much progress on regulatory reform legislation, and the opportunities for doing so are rapidly diminishing.”
Read the entire article at Reason.