Posted by David Oliver on 1/30/2017 to Politics and Economy
District of Columbia Regulations
Reducing Regulations for American business
IncSmart District of Columbia (Small Business and Startups) - President Trump's latest executive order will begin the process to set an annual cap on the number of new regulations saving American business time and money. This cap will require that the addition of any new regulations be completely offset by removing existing regulations. These business regulations are reviewed by the White House's Office of Management and Budget (OMB) before they are issued. Now the OMB will also have to identify what two regulations will have to be removed when a new Regulation is added.