Smart regulations save lives and dollars. For example, the number of deaths on the highways is now down to its lowest level in over 60 years. This is an extraordinary achievement, produced not only by the commitment and creativity of the private sector but also by educational and regulatory initiatives from local, state, and national governments. In areas that include food and workplace safety, clean air, fuel economy, energy efficiency, and investor protection, well-designed regulations are preventing tens of thousands of premature deaths and hundreds of thousands of illnesses and accidents — and saving billions of dollars.
Under the President’s direction, we have finalized rules, in our first three years, with more than $91 billion in net benefits – over 25 times the corresponding figure in the first three years of the Bush Administration, and over 6 times the corresponding figure in the first three years of the Clinton Administration.
But we don’t need all of the regulations that are on the books. By streamlining some and eliminating others, we can save billions of dollars in unnecessary costs. As President Obama has emphasized, it is possible, even indispensable, both to issue sensible, protective regulations and to eliminate rules that are no longer justified. Today, we are taking three important steps in that direction.
Fonte: White House