SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
President Donald Trump met Tuesday morning with U.S. auto industry leaders, and said environmental regulations are "out of control." (Photo: Getty)
Trump's "Disastrous" Regulatory Cuts Imperil Public for Corporate Benefit
Slashing regulations by 75 percent, as Trump pledged, would come at the expense of workers, the environment, and public health
Jan 24, 2017
Even as he moves to approve risky fossil fuel projects and eliminate healthcare for millions, President Donald Trump told corporate leaders on Monday he could "cut regulations by 75 percent, maybe more"--and he made similar promises to automakers in a meeting Tuesday morning.
"We're going to be cutting regulation massively," Trump said during Monday's White House meeting with business executives. Environmental regulations in particular, he told auto industry CEOs on Tuesday, are "out of control."
But keeping such a pledge would come at the expense of workers, the environment, and public health, while allowing "corporations to rip off consumers" and making the country "far less economically secure," warned watchdog group Public Citizen.
"Freezing new regulations across the board is bad enough," said Public Citizen president Robert Weissman on Monday. "But there is no way for President Donald Trump to slash regulations by 75 percent without cutting into bedrock public protections that hold Wall Street accountable, keep our water and children safe from lead poisoning, and contain food contamination outbreaks--to name just a few of the disastrous consequences of the proposal he discussed today."
The Environmental Protection Agency (EPA) and environmental safeguards are at the center of Trump's deregulation bullseye, as Sophia Tesfaye reported Monday at Salon:
On Friday, Trump ordered a "freeze"on all new regulations coming out of federal agencies, including the EPA. On Monday, the Wall Street Journal reported that Trump will order federal agencies to stop studying the greenhouse gas impacts of new projects.
Trump's aides also told Bloomberg over the weekend that the newly-elected president plans to rescind President [Barack] Obama's directive that all federal agencies take climate change into account during their formal environmental reviews. President Trump will also reverse Obama's executive order placing a moratoriumon selling coal from federal lands until a new way to calculate royalties is resolved.
Trump also vowed to "massively" and "very substantially" cut corporate taxes at the same gatherings with business leaders.
Frank Clemente of Americans for Tax Fairness has previously said Trump's plan to slash corporate taxes would "drastically increase our country's already extreme levels of inequality" and require "massive cuts...to benefits and services that working Americans depend on."
Also Monday, Trump withdrew the United States from the corporate-friendly Trans Pacific Partnership (TPP) trade agreement. This had been a goal of progressives, but author and activist Naomi Klein warned online that the development, placed alongside Trump's latest corporate promises, was "nothing to celebrate":
Trump has made an ugly deal: he yanks TPP but showers corps with massive tax cuts + vows to slash regulations by 75%. Nothing to celebrate.
-- Naomi Klein (@NaomiAKlein) January 24, 2017
On January 20th, it begins...
Political revenge. Mass deportations. Project 2025. Unfathomable corruption. Attacks on Social Security, Medicare, and Medicaid. Pardons for insurrectionists. An all-out assault on democracy. Republicans in Congress are scrambling to give Trump broad new powers to strip the tax-exempt status of any nonprofit he doesn’t like by declaring it a “terrorist-supporting organization.” Trump has already begun filing lawsuits against news outlets that criticize him. At Common Dreams, we won’t back down, but we must get ready for whatever Trump and his thugs throw at us. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. By donating today, please help us fight the dangers of a second Trump presidency. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Deirdre Fulton
Deirdre Fulton is a former Common Dreams senior editor and staff writer. Previously she worked as an editor and writer for the Portland Phoenix and the Boston Phoenix, where she was honored by the New England Press Association and the Association of Alternative Newsweeklies. A Boston University graduate, Deirdre is a co-founder of the Maine-based Lorem Ipsum Theater Collective and the PortFringe theater festival. She writes young adult fiction in her spare time.
Even as he moves to approve risky fossil fuel projects and eliminate healthcare for millions, President Donald Trump told corporate leaders on Monday he could "cut regulations by 75 percent, maybe more"--and he made similar promises to automakers in a meeting Tuesday morning.
"We're going to be cutting regulation massively," Trump said during Monday's White House meeting with business executives. Environmental regulations in particular, he told auto industry CEOs on Tuesday, are "out of control."
But keeping such a pledge would come at the expense of workers, the environment, and public health, while allowing "corporations to rip off consumers" and making the country "far less economically secure," warned watchdog group Public Citizen.
"Freezing new regulations across the board is bad enough," said Public Citizen president Robert Weissman on Monday. "But there is no way for President Donald Trump to slash regulations by 75 percent without cutting into bedrock public protections that hold Wall Street accountable, keep our water and children safe from lead poisoning, and contain food contamination outbreaks--to name just a few of the disastrous consequences of the proposal he discussed today."
The Environmental Protection Agency (EPA) and environmental safeguards are at the center of Trump's deregulation bullseye, as Sophia Tesfaye reported Monday at Salon:
On Friday, Trump ordered a "freeze"on all new regulations coming out of federal agencies, including the EPA. On Monday, the Wall Street Journal reported that Trump will order federal agencies to stop studying the greenhouse gas impacts of new projects.
Trump's aides also told Bloomberg over the weekend that the newly-elected president plans to rescind President [Barack] Obama's directive that all federal agencies take climate change into account during their formal environmental reviews. President Trump will also reverse Obama's executive order placing a moratoriumon selling coal from federal lands until a new way to calculate royalties is resolved.
Trump also vowed to "massively" and "very substantially" cut corporate taxes at the same gatherings with business leaders.
Frank Clemente of Americans for Tax Fairness has previously said Trump's plan to slash corporate taxes would "drastically increase our country's already extreme levels of inequality" and require "massive cuts...to benefits and services that working Americans depend on."
Also Monday, Trump withdrew the United States from the corporate-friendly Trans Pacific Partnership (TPP) trade agreement. This had been a goal of progressives, but author and activist Naomi Klein warned online that the development, placed alongside Trump's latest corporate promises, was "nothing to celebrate":
Trump has made an ugly deal: he yanks TPP but showers corps with massive tax cuts + vows to slash regulations by 75%. Nothing to celebrate.
-- Naomi Klein (@NaomiAKlein) January 24, 2017
Deirdre Fulton
Deirdre Fulton is a former Common Dreams senior editor and staff writer. Previously she worked as an editor and writer for the Portland Phoenix and the Boston Phoenix, where she was honored by the New England Press Association and the Association of Alternative Newsweeklies. A Boston University graduate, Deirdre is a co-founder of the Maine-based Lorem Ipsum Theater Collective and the PortFringe theater festival. She writes young adult fiction in her spare time.
Even as he moves to approve risky fossil fuel projects and eliminate healthcare for millions, President Donald Trump told corporate leaders on Monday he could "cut regulations by 75 percent, maybe more"--and he made similar promises to automakers in a meeting Tuesday morning.
"We're going to be cutting regulation massively," Trump said during Monday's White House meeting with business executives. Environmental regulations in particular, he told auto industry CEOs on Tuesday, are "out of control."
But keeping such a pledge would come at the expense of workers, the environment, and public health, while allowing "corporations to rip off consumers" and making the country "far less economically secure," warned watchdog group Public Citizen.
"Freezing new regulations across the board is bad enough," said Public Citizen president Robert Weissman on Monday. "But there is no way for President Donald Trump to slash regulations by 75 percent without cutting into bedrock public protections that hold Wall Street accountable, keep our water and children safe from lead poisoning, and contain food contamination outbreaks--to name just a few of the disastrous consequences of the proposal he discussed today."
The Environmental Protection Agency (EPA) and environmental safeguards are at the center of Trump's deregulation bullseye, as Sophia Tesfaye reported Monday at Salon:
On Friday, Trump ordered a "freeze"on all new regulations coming out of federal agencies, including the EPA. On Monday, the Wall Street Journal reported that Trump will order federal agencies to stop studying the greenhouse gas impacts of new projects.
Trump's aides also told Bloomberg over the weekend that the newly-elected president plans to rescind President [Barack] Obama's directive that all federal agencies take climate change into account during their formal environmental reviews. President Trump will also reverse Obama's executive order placing a moratoriumon selling coal from federal lands until a new way to calculate royalties is resolved.
Trump also vowed to "massively" and "very substantially" cut corporate taxes at the same gatherings with business leaders.
Frank Clemente of Americans for Tax Fairness has previously said Trump's plan to slash corporate taxes would "drastically increase our country's already extreme levels of inequality" and require "massive cuts...to benefits and services that working Americans depend on."
Also Monday, Trump withdrew the United States from the corporate-friendly Trans Pacific Partnership (TPP) trade agreement. This had been a goal of progressives, but author and activist Naomi Klein warned online that the development, placed alongside Trump's latest corporate promises, was "nothing to celebrate":
Trump has made an ugly deal: he yanks TPP but showers corps with massive tax cuts + vows to slash regulations by 75%. Nothing to celebrate.
-- Naomi Klein (@NaomiAKlein) January 24, 2017
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.