OIRA reports historic FY2025 deregulatory savings
Key points
- 646 deregulatory vs 5 regulatory actions (129-to-1)
- $211.8 billion net cost savings
TL;DR
- Office of Information and Regulatory Affairs released year-end regulatory accounting for Fiscal Year 2025.
- Agencies finalized 646 deregulatory actions and 5 regulatory actions, a 129-to-1 ratio that exceeded President Trump’s 10-to-1 target.
- OIRA reports $211.8 billion in net cost savings, over $600 per American.
- Russ Vought said the administration exceeded the 10-to-1 target and achieved more savings in less than one year than in all four years of the prior Trump Administration; examples cited include FinCEN ($128.6 billion), TSA ($25.4 billion), FDA ($20.3 billion), and HUD/Federal Housing Administration ($1.4 billion).
Original text
Washington, D.C. — Coming off of President Trump’s end-of-year speech on affordability and Making America Great Again, the White House Office of Management and Budget’s Office of Information and Regulatory Affairs (OIRA) released its year-end regulatory accounting for Fiscal Year 2025. The numbers are not only bigger and better than expected, but historic. In total, agencies finalized 646 deregulatory actions compare...
Key tags
Topics
Keywords
Stats
Word count: 315
Summary words: 119
Compression: 38%
Boilerplate removed: Yes
Top phrases:
Entities
People
Organizations
Places
Countries
None found.
Regions
None found.