Requires federal agencies to cut old rules when making new ones, aiming to lower overall costs for Americans.
This bill would make federal agencies repeal existing rules to make up for the costs of any new rules they create. It also sets a goal to cut the total cost of federal regulations by at least 33 percent by July 4, 2026. This could mean fewer burdens for businesses and potentially lower costs for consumers.
Today, federal agencies don't have a legal requirement to remove old rules when they add new ones, and there's no set goal to cut overall regulatory costs. After this bill, agencies would need to repeal existing rules to offset the costs of new ones, and there would be a goal to reduce total federal regulatory costs by at least 33 percent by July 4, 2026.
S 648 · 119th Congress · AI Summary by gemini-2.5-flash · 10/10
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