The paper used during President Trump’s ceremony and photo opportunity Thursday, demonstrating how much federal regulations have increased since 1960, were all reportedly blank sheets of paper.

Trump cut red tape attached to two piles of paper: one symbolizing regulations that were in place in 1960 and the other regulations that exist today. The pile representing regulations from 1960 consisted of approximately 20,000 sheets of paper, while the pile representing today’s regulations consisted of more than 185,000.

"We're going to cut a ribbon because we're getting back below the 1960 level, and we'll be there fairly quickly," Trump said at the White House.

According to Jennifer Epstein, a White House reporter for Bloomberg, the paper was blank and did not contain regulatory text on them.

“A White House official says the paper was all blank and will be reused,” Epstein tweeted Thursday.

Trump has ordered, through an executive order he signed in January, that every federal agency must repeal two regulations for every new regulation initiated.

The ribbon-cutting ceremony marked the release of the Unified Agenda of Regulatory and Deregulatory Actions, which is released two times a year. The document provides an update on what regulations federal agencies have in the works.