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Boom: Treasury kills 305 regulations, IRS hammered

By Paul Bedard
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Boom: Treasury kills 305 regulations, IRS hammered

Acting on President Trump’s demand that his cabinet secretaries gut Obama-era federal regulations, the Treasury Department on Tuesday said it has cut over 300 standing and proposed rules with a focus on the Internal Revenue Service.

In a new 20-page report, Secretary Steven T. Mnuchin highlighted the elimination of 305 regulations, including those proposed, and the wiping away of 298 IRS “deadwood” rules.

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