Let’s Be Real About Trump’s First Year in Regulation

Ask nearly anyone to name President Donald J. Trump’s most significant domestic policy accomplishments. They will likely cite tax legislation and regulatory reform. The first of these was indeed a big policy, one that shifts tax brackets, changes and cuts deductions, and adds an estimated $1.5 trillion to the national deficit over the next ten years.  The second of these is, well, not so much. To hear President Trump talk, though, you would think the nation’s rulebook has been on a crash diet.  Standing at a White House press event in December, he stood between two piles of papers on the floor. One towering stack supposedly represented regulation today; another tiny stack signified the level of regulation in 1960. President Trump declared that “we’re getting back below the 1960-level, and we’ll be there fairly quickly.” Just last week in Davos, President Trump bragged that his Administration has “undertaken the most…

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