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Trump is promising to cut government red tape for businesses. He could also add to it.


Published on 2025-01-19 10:00:48 - AOL
  Print publication without navigation

  • Trump and his cost cutters are are making plans to go to war with red tape in the years ahead, but new red tape could sprout in other areas if Trump pursues all of his campaign promises.

The article from AOL Finance discusses former President Donald Trump's promise to reduce government red tape if he were to return to office. Trump has criticized the current administration for what he perceives as excessive regulations that he believes hinder economic growth and burden businesses. He has pledged to streamline regulations, particularly in sectors like energy, manufacturing, and finance, to foster a more business-friendly environment. This promise aligns with his previous term's efforts where he aimed to cut regulations significantly, arguing that such measures would boost economic activity, create jobs, and enhance American competitiveness. Critics, however, argue that deregulation can lead to environmental degradation, financial instability, and reduced consumer protections.

Read the Full AOL Article at:
[ https://www.aol.com/finance/trump-promising-cut-government-red-143017549.html ]
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