{"id":16685,"date":"2020-07-17T22:36:21","date_gmt":"2020-07-18T03:36:21","guid":{"rendered":"http:\/\/www.paristn.net\/articles\/?p=16685"},"modified":"2020-07-17T20:55:26","modified_gmt":"2020-07-18T01:55:26","slug":"president-donald-trumps-historic-deregulatory-actions-are-creating-greater-opportunity-and-prosperity-for-all-americans","status":"publish","type":"post","link":"https:\/\/www.paristn.net\/articles\/2020\/07\/17\/president-donald-trumps-historic-deregulatory-actions-are-creating-greater-opportunity-and-prosperity-for-all-americans\/","title":{"rendered":"President Donald Trump\u2019s Historic Deregulatory Actions are Creating Greater Opportunity and Prosperity for All Americans"},"content":{"rendered":"

\"TheWashington, D.C.<\/strong> – President Donald J. Trump has led a historic effort to eliminate unnecessary and costly regulations that hurt American businesses and families.<\/p>\n

Under President Trump\u2019s leadership, Federal agencies have taken more than 7 deregulatory actions for every significant regulatory action.<\/p>\n

President Trump\u2019s deregulation efforts have already reduced regulatory costs by $50 billion and are on track to reduce regulatory costs by at least that much in fiscal year 2020 alone.<\/p>\n

\"U.S.<\/a>

U.S. President Donald J. Trump<\/p><\/div>\n

<\/p>\n

The President\u2019s Governors\u2019 Initiative on Regulatory Innovation is working to reduce outdated regulations, advance occupational licensing reform, and align Federal and State regulations.<\/p>\n

The Administration continues to take action to modernize and accelerate environmental reviews in order to complete infrastructure projects in a timely and efficient manner.<\/p>\n

The President is rolling back regulations that harm American workers, including providing relief to farmers by repealing the burdensome Obama-era Waters of the United States Rule.<\/p>\n

In 2019, the President signed two executive orders to increase transparency in Federal agencies and protect Americans and their small businesses from administrative abuse.<\/p>\n

Lifting Up Americans<\/h3>\n

President Trump is driving down costs for consumers and helping low-income Americans, who are disproportionately burdened by overregulation. <\/strong><\/p>\n

Deregulation is lowering costs for all Americans, particularly benefitting low-income individuals who are disproportionately burdened by overregulation.<\/p>\n

The Administration cut red tape in the healthcare industry, providing Americans with more affordable healthcare and saving Americans nearly 10 percent on prescription drugs.<\/p>\n

Deregulation of both prescription drugs and internet access helped the poorest fifth of households eight times more than the wealthiest fifth of Americans.<\/p>\n

The Administration replaced costly Obama-era fuel standards with the Safer Affordable Fuel Efficient (SAFE) Vehicles rule, making cars more affordable for low-income Americans.<\/p>\n

    \n
  • This rule is expected to lower the price of new vehicles by $2,200, according to the Council of Economic Advisers.<\/li>\n<\/ul>\n

    The President established a council to reduce regulatory barriers to affordable housing.<\/p>\n

     <\/p>\n

    [470center]<\/p>\n

    Supporting Families and Businesses<\/h3>\n

    The Administration\u2019s historic deregulatory efforts are putting money in Americans\u2019 pockets and helping businesses prosper. <\/strong><\/p>\n

    The President\u2019s deregulatory actions will increase household income annually by at least $3,100 in the coming years.<\/p>\n

    President Trump has signed 16 pieces of deregulatory legislation that are expected to result in a $40 billion increase in annual real incomes.<\/p>\n

    Once fully in effect, 20 major deregulatory actions undertaken by the Administration are expected to save American consumers and businesses over $220 billion per year.<\/p>\n

      \n
    • The implementation of the SAFE Vehicles rule is estimated to increase the real incomes of Americans by $53 billion per year over the 2021-2029 period.<\/li>\n<\/ul>\n

      Deregulation is helping small businesses invest and expand by saving them from dedicating time and money on compliance costs.<\/p>\n

      The President\u2019s deregulatory actions are also increasing the competition, productivity, and wages of American workers.<\/p>\n","protected":false},"excerpt":{"rendered":"

      Washington, D.C. – President Donald J. Trump has led a historic effort to eliminate unnecessary and costly regulations that hurt American businesses and families. Under President Trump\u2019s leadership, Federal agencies have taken more than 7 deregulatory actions for every significant regulatory action. President Trump\u2019s deregulation efforts have already reduced regulatory costs by $50 billion and […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[181],"tags":[12064,6487,11406],"class_list":["post-16685","post","type-post","status-publish","format-standard","hentry","category-government","tag-donald-j-trump","tag-u-s-president","tag-washignton-d-c"],"_links":{"self":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/comments?post=16685"}],"version-history":[{"count":1,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16685\/revisions"}],"predecessor-version":[{"id":16686,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/posts\/16685\/revisions\/16686"}],"wp:attachment":[{"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/media?parent=16685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/categories?post=16685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paristn.net\/articles\/wp-json\/wp\/v2\/tags?post=16685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}