It was odd that a seemingly boring campaign line calling for fewer federal regulations would win applause, but candidate Donald Trump’s promise was cheered so loudly last year that President Trump made it an early priority in his administration.

And it appears that he is delivering big time, especially on his pledge to kill two regulations for every new one issued. According to a tally provided by the free-market Competitive Enterprise Institute, the president has issued fewer rules than any other president since Ronald Reagan and cut the costs of those regulations significantly.