FDA Must Cut 2 Existing Regs for Each New Rule Introduced

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President Donald Trump 1/30 signed an executive order requiring FDA and other government agencies to eliminate two existing regulations for every new rule introduced. “This will be the biggest such act that our country has ever seen,” Trump said in a signing ceremony. “There will be regulation, there will be control, but it will be normalized control.” The order does not require that the repeal of the two regulations be done simultaneously with the release of additional rules.

The order also calls for a process for the Office of Management and Budget (OMB) to set an annual cap on the cost of new regulations. For example, for the rest of fiscal 2017, the cap will require that the cost of any additional regulations be completely offset by reversing existing rules. Additionally, regulations affecting the military and national security are waived under the order.

There is some wiggle room in the order — the OMB director can waive the policy in certain instances.

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