The New York Times reports on President Trump highlighting CEI’s estimated cost of regulation from Wayne Crews’ annual Ten Thousand Commandments report.
During a listening session with retail executives, Mr. Trump talked about an executive order cutting regulations and cited a figure found in research from the Competitive Enterprise Institute and the National Association of Manufacturers. These findings are disputed and criticized for flawed methodology and for ignoring the economic benefits of regulation. Aggregate analysis from the Office of Budget and Management from 2005 to 2015 found that the benefits of new rules outweighed the cost.
Read the full article at The New York Times.