Last week, President Trump issued an executive order that each new executive agency regulation will require the removal of at least two existing regulations of comparable costs. This follows his temporary freeze on most new regulation, which became effective on inauguration day. However, regulatory accumulation extends beyond the federal government—state-level regulations also hold back economic opportunity and lower job creation .
Even though politicians constantly rail against burdensome regulations on the campaign trail, the task of reducing regulatory burdens can seem daunting once they reach office. But, as Andrew Brown and I lay out in our latest Foundation for Government Accountability paper “Freedom to Prosper: How Florida Promoted Job Growth by Cutting Red Tape,” governors can promote job growth and pare back regulations by following three simple principles: focus, consolidate, and simplify.