The Trump administration’s regulatory rollbacks could cost the U.S. $153 billion and nearly 3,300 lives annually, according to calculations by a think tank at the New York University School of Law.
The Institute for Policy Integrity launched a tracker last week that tallied the environmental, health and economic costs that EPA, the Department of Energy and others left out of analyses for their recent deregulatory moves.
Bottom line, it says: The cost of deregulation exceeds the benefits.
“This is showing what’s at stake for the lives of the American people with all of these rollbacks,” said Jason Schwartz, the institute’s legal director. “The Trump administration is claiming that they’re doing this to help save costs for the American family, but they’re really only focused on the cost savings to the regulated entities.”