Clyde Wayne Crews: First Steps for the Trump Administration: Rein in the Regulatory State.
"First Steps for the Trump Administration: Rein in the Regulatory State," details the harms imposed on people, states and the economy by regulatory overreach by the Obama administration.
Overtime Congress has ceded much of the legislative authority and responsibility delegated to it in the Constitution to regulatory or administrative agencies. These agencies have run with the ball controlling vast segments of the economy beyond what the law allows. The Obama administration has given regulators free rein, resulting regulations on steroids and breaking the record for the number of pages of regulations added to the federal register. Currently regulations impose, by conservative calculations, more than $2 trillion in costs on the economy, more than the amount of taxes raised through the individual or corporate income tax. CEI proposes steps Trump and Congress can take to bring regulatory agencies to heel, thus improving the economy, creating jobs and clawing back individual liberty.
One step Wayne suggest to strengthen oversight of executive agencies by the President as well as Congress would be to impose an annual report card of regulatory costs of rules imposed by agencies, quantifying the costs and the specific purported benefits of new and existing rules. A second step he discusses is to remove two regulations for ever new one created. Finally Wayne suggest its time to shut down some agencies.