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What We Lose When They “Save”

The Administration’s Misleading Claims About Deregulatory Cost Savings

By Bethany Davis Noll and Iliana Paul
May 28, 2020

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Filed under Policy Briefs, Jobs and Regulation, Safety and Consumer Protection, Transparency

The administration regularly boasts about the cost savings of rolling back regulations, focusing on industry profits without considering significant negative impacts. Trump-era agency analyses typically include little to no discussion of forgone benefits, making it difficult to even infer a more balanced accounting. Where possible, we analyzed deregulatory rules using the administration's own methodology to show that their forgone benefits to the public far exceed cost savings. This policy brief addresses and counters the administration's cost savings claims and demonstrates that they should not be taken at face value.