NEWS

Trump’s regulatory approach will boost incomes by $3,100: White House

President Trump’s approach to federal regulations will raise real incomes annually by $3,100 per household after five to 10 years, the White House Council of Economic Advisers (CEA) estimated in a report released Friday.

“Deregulation is the cornerstone of the president’s pro-growth economic policies,” Tomas Philipson, a CEA member, said on a call with reporters.

The Trump administration has rolled back regulations issued by previous administrations and has also introduced new regulations at a slower rate than past administrations.

CEA focused much of its report on 20 of the administration’s deregulatory actions, which it said will save consumers and businesses about $220 billion per year once they fully take effect.

The council said that the Trump administration’s actions will have a bigger impact than the deregulation of the trucking and airline industries started under former President Jimmy Carter’s administration.

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Phone: 312 489-8580      Fax: 312 489-8580

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The Palos Township Republican Organization
12334 S. Keeler Ave. Alsip, IL 60803

Phone: 312 489-8580      Fax: 312 489-8580

palos-township-republicans-logo
COPYRIGHT © 2019 PALOS TOWNSHIP REPUBLICAN ORGANIZATION
ALL RIGHTS RESERVED.


Paid for by the Palos Township Republican Organization.