President Trump’s latest executive order requires federal agencies to cut two existing regulations for each new one.
“If you have a regulation you want, number one we’re not going to approve it because it’s already been approved probably in 17 different forms. But if we do, the only way you have a chance is we have to knock out two regulations for every new regulation,” Trump said at the signing today.
NSSGA President and CEO Michael W. Johnson welcomed the move that also mandates that the total cost of new regulations cannot increase this year.
“What this order does, first and foremost, is create order in the rulemaking process. Furthermore, the proposal to eliminate two rules for each new one will go a long way towards rolling back the regulatory overreach of the last eight years. This will be welcome relief for aggregates producers,” he said. “Making America great again starts, starts with making our infrastructure great again. Easing the regulatory burdens on aggregates operations allows our industry to produce the construction materials needed to improve our infrastructure, economy and communities.”
According to Fox News, the White House’s freeze on regulations will stay in place as this two-for-one order establishes a process for future regulations.
Trump said that he hopes to eliminate 75 percent of government regulations and told agencies that the total cost of new regulations should be “no greater than zero” this year. “There will be regulation, there will be control, but it will be a normalized control where you can open your business and expand your business very easily and that’s what our country has been all about,” he said.