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One Month Out: A One-In, Two Out Program Status Report

September 19, 2017
By Dan Goldbeck

President Trump’s Executive Order (EO) 13,771, “Reducing Regulation and Controlling Regulatory Costs,” marked one of the most significant developments in regulatory policy in decades.

President Trump’s Executive Order (EO) 13,771, “Reducing Regulation and Controlling Regulatory Costs,” is the first time in United States history the executive branch has established a “regulatory budget.” Known mostly for its one-in, two-out mechanism, the primary goal of the order’s first phase is to achieve $0 or less in new, net regulatory costs across the various executive agencies by the end of Fiscal Year (FY) 2017. Overall the Trump Administration is on track to finish the first phase with $645 million in net annual regulatory savings.