President Donald Trump signed four bills on Monday, March 27 to reverse several Obama-era regulations regarding education, land use, and federal purchasing. Trump promised he would sign more of these regulation-cutting bills and “remove every job-killing regulation we can find.”
The swift passing of these bills and cutting of these regulations can be tied to the Congressional Review Act, which allows Congress to “fast-track” any bill to reverse regulations. The Act is only 21 years old, and until this point in our history has only been used once.
“There are several [bills] that weren't on my radar at all," said Susan Dudley, director of the Regulatory Studies Center at George Washington University, after learning that Trump has signed a total of seven regulation-cutting bills to date.
About half of the bills Trump has signed have been aimed at cutting Obama-era regulations. Previous bills have reversed regulations banning “social security recipients with mental impairments from buying a firearm.” Trump has also reversed the restriction of “dumping of mining waste” and “requiring energy companies to disclose how much they’re paying foreign governments.”
According to MSN, several rules have also been cut or canceled thanks to our new president, including the “Fair Pay and Safe Workplaces” rule, the Bureau of Land Management rule (a.k.a Planning 2.0), and two other regulations that measures school performance and teacher training under the Every Student Succeeds Act (a 2015 law that had bipartisan support).
Trump signed these bills in a ceremony in the Roosevelt Room in the White House. He even handed out pens to the assembled members of Congress.
"This was a lot of work by a lot of people to get this done," he said. "It will lead to a lot more jobs for a lot more people."
According to The Atlantic, “the idea that regulations stunt job growth more broadly is not supported by research.” In fact, regulations do not decrease jobs in the “overall economy,” only in specific sectors, and create new jobs in other sectors.
But is signing a bill to cut these regulations really going to bring more jobs?