Senior’s Leader Hails Elimination of ‘Hidden Taxes’ on Americans

ALEXANDRIA, Virginia (December 15, 2017) – 60 Plus Chairman and Founder James Martin issued the following statement Friday regarding the Trump Administration’s easing of federal regulations.

“President Trump came into office promising to ease America’s regulatory burden and lower costs by eliminating two federal regulations for every new one enacted. Not only has he kept that promise, his administration has exceeded it by multiples – 22 regulations eliminated for every new one.

“The president’s Unified Agenda of Regulatory and Deregulatory Actions may not sound flashy but it is saving Americans billions of dollars in what amounts to hidden taxes. All of us pay for these burdensome regulations, the cost of which is ultimately passed on to consumers. These costs hit seniors living on a fixed income particularly hard.

“In keeping his promise to the American people, President Trump and his administration have already cut regulatory costs by $570 million a year with more savings to follow.

“By eliminating and delaying hundreds of regulations, the president is doing more than easing the burden on businesses and lowering the hidden costs that are passed on to consumers. President Trump is echoing Ronald Reagan, who said in his first inaugural address, ‘Government is not the solution to our problem; government is the problem.’

“Donald Trump understands that the best way to unleash the power of America is to get government out of the way and he is doing just that through regulatory reform.”