By Tim Kowols
It did not get many headlines like the recent tax law, but Senator Ron Johnson believes regulatory reform passed by the United States Congress may have played the biggest role in the Trump Administration’s success in the past year. According to the White House, it has issued 67 deregulatory actions like ending some environmental protections and net neutrality while only instituting three new regulations. When paired with the new federal Tax Cuts and Jobs Act, Senator Johnson says it is a winning combination for continued economic growth.
The Trump Administration states the rolled back rules have saved the country $8.1 billion in regulatory costs over their lifetime.