Federal Agencies Cut $4.9 Billion in Costs as 4.9 Million Paperwork Hours Fall
Updated
Updated · American Action Forum · Jul 27
Federal Agencies Cut $4.9 Billion in Costs as 4.9 Million Paperwork Hours Fall
1 articles · Updated · American Action Forum · Jul 27
Summary
$4.9 billion in regulatory cost savings and 4.9 million fewer paperwork hours were published last week, marking a fourth straight week in which federal rulemakings were net cost-reducing.
DOL and SEC drove much of the savings with proposals to shift required disclosures from paper to electronic delivery, with DOL estimating $392 million in annual savings and SEC $155 million.
DHS also finalized its rescission of the 2022 public charge rule, a move the report says carries potentially substantial downstream effects even though its quantified cost analysis was limited.
For 2026, agencies have posted about $1 trillion in net regulatory cost savings, including $1.1 trillion from final rules, while total paperwork burdens still show a net annual increase of 100.5 million hours.