Unleashing Prosperity Through Deregulation
Requires agencies to repeal at least 10 existing regulations for every new regulation issued. Establishes a "regulatory budget" capping the total cost of new regulations at zero. Extends the Trump 45-era "two-for-one" rule to an aggressive 10-for-one standard.
Section by Section
What each section does, and how they differ.
Reduce unnecessary regulatory burdens and advance fiscal responsibility.
Executive branch must be prudent in expenditure and alleviate unnecessary regulatory burdens.
Agencies must identify 10 existing regulations to repeal for each new rule; total incremental cost for new rules must be significantly below zero in 2025.
Beginning FY 2026, agencies must identify offsetting regulations and provide cost estimates; the Director sets annual cost allowances per agency.
Regulation includes rules, memoranda, guidance, and policy statements but excludes military, security, and personnel regulations.
OMB implements via updated guidance, revokes OMB Circular A-4 (2023), and reinstates the 2003 version.
Standard severability clause: if a court strikes any provision, the rest of the order stands.
Standard boilerplate: preserves existing agency authority, conditions the order on appropriations, and creates no enforceable private rights.