Congress may not deserve its low ratings
for a change.
An analysis by the Pew Research Center that looked at every piece of legislation that received final approval from Congress found this Congress tied for fifth most productive in the past 30 years.
Doing what, you ask?
...overturning Obama-era rules, using a little-known law call the Congressional Review Act.
The 1996 law gives this Congress a shortcut to overturn any rules submitted after mid-June of 2016. Before now, the Act had only been used once.... This Republican-led Congress, however, has shown no qualms about using the act to chip away at Barack Obama’s legacy. While Congress hasn’t been able to repeal and replace Obamacare, which Republicans have been promising for the seven years since it was passed, they have gotten rid of regulations around mountaintop removal for coal mining, a rule that kept internet service providers from using selling customers data to advertisers without their permission, and a Securities and Exchange Commission regulation that requires corporations to disclose payments to foreign governments.... President Trump promised repeatedly during his campaign to slash regulations, and Congress has delivered: While congressional “productivity” is high, regulatory activity is at an all-time low.
That's under-selling it. The regulations are an undisputed bright-spot in the Trump administration: for every new regulation they have proposed, they've
killed sixteen existing ones. They have focused
especially on Obama-era regulations intended to 'fundamentally transform America.' The
economic benefits are real.
In a statement, OMB Director Mick Mulvaney boasted about how much the administration has been able to cut down on regulatory red tape and improve American prosperity.
“Government is using muscles it hasn’t used in a really long time, exposing and removing redundant and unnecessary regulation,” he said.
“In the first five months of this administration alone the net cost of our regulatory agenda has been less than zero dollars. Contrast that with the last five months of Fiscal Year 2016 when the Obama administration imposed almost $7 billion in costs on our economy through regulation."
Smaller-government efforts like this would never have been considered under the second Clinton administration. That's a fact worth keeping in mind as a partial counterweight to the criticisms, though many of those are valid.
Keep reminding me. I do get caught in the Trump-and-congress things that make me crazy, and this is the antidote.
ReplyDeleteThe CRA regulation removals are even better than you think. Simply undoing regulation can be redone in a new administration. Under the CRA, if they didn't file the proper report in time, the rule is rescinded AND CANNOT BE REINSTATED. These are real, meaningful cuts and honestly, they aren't doing enough of them or doing them fast enough.
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