Winning the future requires promoting economic growth and job creation while also protecting the health and safety of the American people. On January 18, 2011, President Obama signed an important Executive Order designed to fulfill that goal.
The Executive Order emphasizes the need for predictability and for certainty — and for achieving regulatory goals with the smartest and least costly tools. It directs agencies to seek public comments on rules, to minimize burdens on the private sector, to simplify and harmonize their regulations, to promote flexibility and freedom of choice, and to make sure that the benefits justify the costs. It also directs agencies, within 120 days, to produce plans for a government-wide review of existing regulations to determine whether they should be modified, streamlined, expanded, or repealed.
Also on January 18, the President signed a memorandum requiring agencies to take new steps to reduce regulatory burdens on small business. As the President wrote in the Wall Street Journal, “Small firms drive growth and create most new jobs in this country. We need to make sure nothing stands in their way.”
Fonte: White House