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Trump slashing red tape at historic levels

(WASHINGTON TIMES) President Trump is living up to his campaign pledge to cut back on red tape, reducing new regulations to a tiny fraction of the burden imposed by previous administrations, a new study said Tuesday.

Cabinet agencies under Mr. Trump finalized only $33 million in costs for new regulations through May 23, compared with an average of $26 billion for the same period in previous administrations dating back to 2005, said Sam Batkins, director of regulatory policy at the American Action Forum.

That’s a regulatory output of just 0.12 percent under Mr. Trump, compared with the historical average.

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