Collins: Trump creating a 'legacy' of deregulation
Just before the mark of Donald Trump's first 100 days in office, Georgia Congressman Doug Collins is touting the President's efforts to cut down on business regulation. He says it should be counted as one of the new administration's largest accomplishments.
“I think there’s really a legacy really to be had here,” Rep. Collins told The Daily Signal, a conservative publication connected with The Heritage Foundation.
The Signal identified 11 Obama-era regulations that have been overturned since Trump took office. They include measures that negatively affected the coal industry, education, hunting, and more.
In order to pull back regulations, Trump and Congressional Republicans have utilized the Congressional Review Act (CRA). Originally passed under the leadership of former House Speaker Newt Gingrich, the law allows the House and Senate to repeal executive actions by passing joint resolutions that are later signed by the president.
Rep. Collins said that Congress has so far "done more than that’s ever been done" with the CRA under President Trump.
“There was a definite disconnect between the previous administration, and even previous Republican administrations, on doing things on their own and not going through the proper legislative process,” he added.
A recent study by the American Action Forum (AAF) found that President Trump may have saved taxpayers around $86 billion in regulatory costs. Additionally, it suggested that annual savings may amount to $18.8 billion.
Sam Batkins, who serves as the director of regulatory policy at the AAF, said that "regulations impose costs not only on private entities and states, but also on American taxpayers."
"Just as there are fiscal costs for new significant rules, there can be savings from repealing old rules through comprehensive regulatory reform," Batkins said.
The study factored the repeal of 13 rules, including the “Fair Pay and Safe Workplaces” measure and the "Waters of the United States" rule.