This executive order establishes a strict "10-for-1" regulatory mandate, requiring federal agencies to identify at least 10 existing regulations for repeal for every single new regulation proposed.
The directive also implements a rigorous regulatory budgeting process, ensuring that the total incremental cost of all new regulations finalized in fiscal year 2025 remains significantly less than zero.
For the average citizen and business owner, this action aims to lower the "hidden tax" of compliance costs that often drive up the price of goods and services.
By aggressively pruning the federal code, the administration seeks to simplify the complex web of rules, memoranda, and guidance documents that currently restrain economic growth and individual innovation.
This shift is designed to put more money back into your wallet by reducing the private expenditures required to navigate federal bureaucracy.
Agencies are now prohibited from issuing any new regulation unless it was included in the Unified Regulatory Agenda and has been explicitly approved by the OMB Director.
While certain national security and military functions are exempt, the vast majority of federal agencies must now operate under a strict cap on the total regulatory costs they can impose each year.
