‘Trump touts deregulation work’
CBS News
CBS News reports that the Administration of President Donald J. Trump has far surpassed its own goal for eliminating needless regulations in 2017.
“Earlier in the year, the president ordered that for every new regulation introduced, two must be eliminated,” CBS wrote. “But Mr. Trump said that goal has been exceeded. For every new regulation introduced, agencies have eliminated 22.” The President added that in his first 11 months, more than 1,500 planned regulations have been withdrawn or delayed, representing some $8.1 billion in lifetime regulatory cost savings—$570 million per year.
Click here to read more.
------------
The Washington Free Beacon reports that the Federal Communications Commission voted on Thursday to “repeal the Obama-era net neutrality rules that imposed greater regulation over the internet.” The decision followed a detailed legal and economic analysis and an extensive review of public comments.
------------
David Moore in Fox News writes that “GOP tax cuts will strengthen our economy and drive Democrats crazy.” The left’s reaction is more about politics than substance, he says. “Tax cuts will be good for the stock market,” Moore writes, and allow everyone “to keep more of their hard-earned cash.”
------------
Bernie Marcus, co-founder of The Home Depot, has another message for Democrats in The Hill: The “’reverse Robin Hood’ tax reform narrative is bunk.” This is a tax bill for the middle class, he explains. “The Senate bill has numerous — and underreported — provisions that offer real relief to working Americans.”
------------
In Reuters, Lucia Mutikani reports that “U.S. retail sales increased more than expected in November as the holiday shopping season got off to a brisk start.” Economic prospects got another boost Thursday, with data showing “the number of Americans filing for unemployment benefits dropping to near a 44-1/2-year low last week.”
|
