ECONOMY/REGULATIONS/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Wednesday [10-17-18] praised White House efforts to remove regulations that he sees as an impediment to economic growth, saying the administration had reduced regulatory costs by $23 billion in the year ending Sept. 30. The White House said it had eliminated regulatory costs totaling $23 billion in the most recent budget year but did not specify how much in societal benefits resulted from those eliminated rules. Regulatory costs are estimates by the administration of the costs for businesses and individuals to comply with mandated rules. The administration said it had approved 14 new significant regulations and eliminated 57 major regulations in the 2017-2018 budget year.”
–David Shepardson, “Trump touts push to rescind government regulations,” Reuters, October 17, 2018 4:09 pm