agency be eliminated. we re call it one in, two out. additionally the order states all new regulations finalized in fiscal 2017 must be no greater than zero for each agency. in 2018, each agency will have an incremental cost cap beyond which it cannot issue regulations this. executive order is the first step on the the president s promise to slash bureaucratic red tape. the federal government will no longer punish americans for working and doing business in the united states. every year overregulationos cost our economy billions of dollars and reduces the wealth of every american household this. executive order will help get the economy back on track and is part of the president s bold plan to create 25 million new american jobs in the next decade. it s worth noting that this order is perhaps the most significant administrative
republicans. the truth of the matter is, though, wolf, that even though the democrats are going to try and get a bill on the floor tonight that would rescind the executive order, which probably won t be brought up anyway because the republicans have control of the floor, there is very little they can do about this right now other than through lawsuits, but there is very little that congress can do about it, but you re going to hear this again and again, and this goes to the point of consultation. if if the president and his staff had reached out to people not only within their own administration like the department of homeland security as pamela points out, but also republicans if they re only talking to republicans with expertise on these matters before this order was issued, perhaps there wouldn t have been the chaos and the confusion that there was airports, about the question of green cards, and
national prayer breakfast. the vice president thanked the king for his efforts in advancing peace and stability in the middle east and reaffirmed the united states s commitment to jordan s security and economic development. the two leaders discussed events in the region, including ways to accelerate the coalition s effort to defeat isis and promote a political solution to the syrian conflict. the vice president welcomes the king s views on potential changes involving the u.s. embassy in israel and reiterate had the united states is at the early stages of this decision-making process. the two leaders discussed how to best make progress toward a comprehensive agreement between israel and the palestinians. the vice president and king pledged to stay in close contact about events in the region. also this morning the president signed an executive order reducing regulation and controlling regulatory costs. the order instructs the director of office and management budget to issue guidelines t
charge of enforcing it scrambled to figure out what the executive order meant. how it would impact those newly banned passengers on u.s.-bound planes on the way to the u.s., how it would affect green cardholders in those seven countries, and there was a lot of confusion over the weekend without very much clarity, frankly, and i just spoke to the former chief of the cvp who i believe will be on your show later. that s customs and border protection. customs and border protection, and he said he left office january 20th. no one ever said anything to m him. his staff did meet with the transition team. it was never mentioned where, for something like this, for an economic stif order lixecutive t this scale, it would take weeks to prepare. i want to go to the care news conference right now. the council on american islamic relations. they re announcing details on their lawsuit. make a few remarks on an incident that happened yesterday in quebec, canada.
are definitely keeping an eye on, and it cannot be something the president enjoys seeing his first week of office. i m sure you re right. stand by, phil. members of congress on both sides of the aisle, democrats and republicans, they ve been very critical of the order. what can they do at this point if anything? could they block the actions? they certainly have the power on capitol hill to do it. what they don t have, according to really aides in both parties, wolf, is kind of the willingness to do just that. this is a republican controlled congress. house and senate. while certainly they ve been frustrated over the course of the weekend, they re more kind of broadly supportive of the idea of what the white house ended up doing. now, democrats, wolf, are going to try and throw up roadblocks kind of every step of the way. they are going to try and get a floor vote tonight on a bill to rescind the executive order. very unlikely. almost impossible. that will move forward, and they re