According to President Obama’s 2014 budget, reducing regulatory burdens is an administration priority, and he has issued several executive orders requiring agencies to examine their existing rules systematically for opportunities to reduce regulatory burdens on the public.

The budget claims that the president’s “historic government-wide review, or ‘look-back,’ of existing rules” has “produced over 500 reform proposals across all executive agencies” and will “save more than $10 billion in the near term, with more savings to come.”