President Trump’s Deregulation Effort Has Already Saved Families Thousands of Dollars – The White House

President Trump Saves American Families $2,100 Each by Halting Costly Biden Regulations

TO: WHITE HOUSE COMMS STAFF
FROM: CEA STAFF
SUBJECT: PRESIDENT TRUMP SAVES AMERICAN FAMILIES $2,100 EACH BY HALTING COSTLY BIDEN REGULATIONS

Summary
President Biden implemented nearly $2 trillion in new regulations during his tenure, burdening everyday working people and businesses with increased costs. President Trump, upon taking office, halted these proposed rules and initiated a deregulatory agenda aimed at reducing existing regulations for each new agency rule. This move is expected to lower costs, drive growth, and propel America towards prosperity.

• Since assuming office, President Trump has saved Americans over $180 billion, equivalent to $2,100 per family of four, by stopping proposed Biden-era regulations.
• The Biden Administration imposed more than $1.8 trillion, or $21,090 per family of four, in new regulatory costs, surpassing all previous administrations.
• 72% of these new regulatory burdens, totaling $1.3 trillion or $15,457 per family of four, were attributed to new EPA rules.
• Rolling back automobile-related rules alone will result in consumer savings exceeding $1.134 trillion.
• In 2024, the Biden Administration set a record by publishing 107,262 pages of final rules, proposed rules, and public notices in the Federal Register.
• President Trump recently announced a deregulation initiative mandating the elimination of ten existing rules for every new regulation, illustrating his commitment to reducing red tape.

Details

• Key Regulatory Actions by President Trump through Executive Orders:
• Top Expensive Biden EPA Rules:

  • $870 billion: Emission reductions for light-duty and medium-duty vehicles for model years 2027 and beyond.
  • $180 billion: Emission reductions for passenger cars and light trucks for model years 2023 and beyond.
  • $106.19 billion: Unnecessary water regulations.
  • $39 billion: Emission reductions in heavy-duty engines.

• Other Costly Biden Administration Regulations:

  • Department of the Treasury

    • $84.1 billion: Disclosure mandates for certain entities to FinCEN.

  • Department of Transportation

    • $45.2 billion: Fuel efficiency mandates for various vehicle types.

  • Department of Health and Human Services

    • $43.15 billion: Mandates for Medicare and Medicaid Programs.
    • $27.77 billion: New Medicaid and CHIP Program mandates.

  • Department of Defense

    • $42.26 billion: Mandates to protect Controlled Unclassified Information (CUI) and Federal Contract Information (FCI).

• Ridiculous Biden Administration Regulations:

  • U.S. Postal Service regulation requiring the use of specific shipping supplies for cremated remains.
  • Federal Trade Commission regulation mandating uniform testing methods for home audio amplifier power claims.