Trump 10-for-1 Deregulation

President Trump, on January 31, 2025, signed an executive order that requires federal agencies to identify at least 10 rules, regulations or pieces of guidance to repeal anytime they issue a new rule or regulation. The order also directs the director of OMB to measure and estimate regulatory costs. For 2025, the cost of new regulations must be less than zero (and account for decreased costs associated with eliminating existing regulations). This new deregulation order is similar to the executive order that President Trump signed during his first term in office, which only required that two sets of rules or regulations be eliminated for each newly proposed rule or regulation (Biden rescinded this policy on his first day in office).

We asked two professors and authors of ALM’s Tax Facts with opposing political viewpoints to share their opinions about Trumps 10-for-1 deregulation executive order.

Below is a summary of the debate that ensued between the two professors.