President Donald Trump on Tuesday signed an executive order directing federal agencies to cut regulations in a move to spur economic growth after weeks of lockdowns that were intended to slow the spread of the CCP virus.
Trump, who signed the order during a cabinet meeting, told federal agencies to do away with “unnecessary regulations that impede economic recovery” and also directs agencies to “review the hundreds of regulations we’ve already suspended in response to the virus and make the suspensions permanent where possible.”
Agencies can use emergency powers to speed up the cutting of regulations for new rules that will create more jobs, he added.
These regulation cuts are necessary “because with millions of Americans forced out of work by the virus, it’s more important than ever to remove burdens that destroy American jobs,” the president remarked. “We’re fighting for the livelihoods of American workers, and we must continue to cut through every piece of red tape that stands in our way,” the president said.
“We want to leave it that way,” Trump said of the eliminated regulations. “We want to leave it that way. In some cases, we won’t be able to, but in other cases, we will.”
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2 comments:
Shame Maryland doesn’t cut their regulations,not one development being done or company building.
Folks in Annapolis are too afraid they will lose tax money. I know I know, spur growth means more money - yet there is no preverbal "gas pedal" in Annapolis.
Some times one must spend to obtain profit.
They don't error on the side of caution - they just error over and over again.
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