Washington, D.C. |
The White House announced today that President Donald J. Trump’s sweeping regulatory rollback agenda is projected to save American families nearly $11,000 per household of four over the coming years, marking a cornerstone achievement in the administration’s economic strategy.
Since returning to office, President Trump has prioritized shrinking the federal regulatory footprint and cutting red tape, with the goal of driving down costs for both businesses and everyday Americans. According to White House estimates, the total projected savings from these actions exceeds $935 billion nationwide.
“President Trump has taken historic steps to reduce the size of the administrative state and lift unnecessary burdens off American families and businesses,” said a senior administration official. “These actions are already delivering real results—and real savings—for millions.”
Key elements of the savings include:
• $180 billion saved by blocking all unfinalized Biden-era rules upon taking office, which translates to approximately $2,100 per family of four.
• A combined $755 billion in projected savings from:
• The Environmental Protection Agency’s rollback of tailpipe emissions standards for light- and medium-duty vehicles ($667 billion), and
• The Department of Transportation’s revision of CAFE fuel economy standards ($88 billion).
These two major regulatory reversals alone amount to $8,800 in savings per family of four.
The Trump administration believes this deregulatory momentum will encourage business investment, ease inflationary pressures, and improve household budgets across the country. While some critics warn of potential environmental and public health costs, supporters argue the long-term economic benefits far outweigh the risks.
With more deregulatory moves reportedly on the table, the administration promises continued focus on “common-sense governance that puts Americans first.”