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Trump's claim his deregulatory actions are saving American households $3,000 a year
Fact Checker • Analysis
Trump’s claim his deregulatory actions are saving American households $3,000 a year
By Glenn Kessler, The Fact Checker
August 15 at 3:00 AM
“We’ve eliminated a record number of job-killing regulations, giving the average American household $3,000 more to spend every single year.”
— President Trump, remarks during a campaign rally in Cincinnati, Aug. 1, 2019
“Our record-breaking regulatory reduction campaign has saved every American household an average of $3,000 per year.”
— Trump, remarks during a campaign rally in Orlando, June 18, 2019
In compiling our latest update of The Fact Checker’s database of President Trump’s false and misleading claims, we noticed the president has a fresh talking point he’s been using at his campaign rallies — that the administration’s war on regulations is giving each American household an additional $3,000 a year.
We’re always suspicious when we see any president tout a number like this. We traced this particular figure to a 31-page report issued in June by the White House Council of Economic Advisers, titled, “The Economic Effects of Federal Deregulation since January 2017: An Interim Report.” We’ve spent a couple of weeks digging into the report, communicating with the CEA and talking to outside experts. Here’s our assessment of Trump’s claim.
....
The Pinocchio Test
....
Our advice: Don’t bank on it. Moreover, remember the various ways administration policies are also reducing household incomes. The president may be proud of his deregulatory agenda, but there’s no reason to be so misleading. He earns Three Pinocchios.
Three Pinocchios
....
Glenn Kessler has reported on domestic and foreign policy for more than three decades. Send him statements to fact check by emailing him, tweeting at him, or sending him a message on Facebook. Follow https://twitter.com/GlennKesslerWP
Trump’s claim his deregulatory actions are saving American households $3,000 a year
By Glenn Kessler, The Fact Checker
August 15 at 3:00 AM
“We’ve eliminated a record number of job-killing regulations, giving the average American household $3,000 more to spend every single year.”
— President Trump, remarks during a campaign rally in Cincinnati, Aug. 1, 2019
“Our record-breaking regulatory reduction campaign has saved every American household an average of $3,000 per year.”
— Trump, remarks during a campaign rally in Orlando, June 18, 2019
In compiling our latest update of The Fact Checker’s database of President Trump’s false and misleading claims, we noticed the president has a fresh talking point he’s been using at his campaign rallies — that the administration’s war on regulations is giving each American household an additional $3,000 a year.
We’re always suspicious when we see any president tout a number like this. We traced this particular figure to a 31-page report issued in June by the White House Council of Economic Advisers, titled, “The Economic Effects of Federal Deregulation since January 2017: An Interim Report.” We’ve spent a couple of weeks digging into the report, communicating with the CEA and talking to outside experts. Here’s our assessment of Trump’s claim.
....
The Pinocchio Test
....
Our advice: Don’t bank on it. Moreover, remember the various ways administration policies are also reducing household incomes. The president may be proud of his deregulatory agenda, but there’s no reason to be so misleading. He earns Three Pinocchios.
Three Pinocchios
....
Glenn Kessler has reported on domestic and foreign policy for more than three decades. Send him statements to fact check by emailing him, tweeting at him, or sending him a message on Facebook. Follow https://twitter.com/GlennKesslerWP
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