"Regulations: Contradicting Trump, OMB Report Highlights Rule Benefits"

"The White House Office of Management and Budget on Friday evening released its annual report on the costs and benefits of federal regulations, showing that the benefits of major Obama-era rules far exceeded the costs.

The report found the annual benefits of major federal regulations from 2006 to 2016 were between $219 billion and $695 billion, while the annual costs were between $59 billion and $88 billion.

The findings are at odds with the Trump administration's push to roll back a host of Obama-era environmental rules.

Public interest groups were quick to accuse OMB of burying the report because it undercut the administration's deregulatory agenda."

Maxine Joselow reports for E&E News PM February 26, 2018.

Source: E&E News PM, 02/27/2018