It was easy to miss, but OMB demolishes the GOP's deregulatory claims.
As it happens, though, we know something about the costs and benefits of federal regulations. In fact, Trump's own administration, specifically the (nonpartisan, at least for now) White House Office of Management and Budget (OMB), just released its annual report on that very subject. (Hat tip to E&E.)
The report was released late on a Friday, with Congress out of session and multiple Trump scandals dominating the headlines. A cynical observer might conclude that the administration wanted the report to go unnoticed.
Why might that be? Well, in a nutshell, it shows that the GOP is wrong about regulations as a general matter and wrong about Obama's regulations specifically.
Those regulations had benefits far in excess of their costs, and they had no discernible effect on jobs or economic growth.
For instance, why would the Environmental Protection Agency close a program investigating the effects of toxins on children's health?
Why would the EPA allow more unregulated disposal of toxic coal ash?
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