signed what we ve been calling the one end, to out executive order requiring that every new federal regulation is adopted, to must be eliminated. this will provide much-needed relief for businesses that have been regulated and settled with an absolutely staggering amount of additional redtape as much as $1.9 trillion per year by some estimates. in 2014, the national association of manufacturers calculated the companies in every industry paid an average of $9,991 per employee to comply with federal regulations. it has only gotten worse since that study was conducted. by relieving even a small portion of this burden, we will allow businesses to grow and hire more people. projects that have been installed or studdard have been revived in anticipation of the presidents progrowth policies but last quarter, confidence among ceos of u.s.-based companies jumped by 4.2% points
will be $200 billion less than predicted in february, and half what it was the president s first year in office. that means he s effectively delivered on his promise to cut the deficit in half as a percentage of the economy, and yet no one is listening. you ve got to believe the president s got to deal with this. so benghazi document dump today. action on the irs. we ll see what happens on the justice department subpoena of ap phone records. at this point the white house is defending that much more strongly it is the actions taken by the irs. bret? bret: okay. wendall, thank you. probably under a minute to the president, and likely treasury secretary jack lew. back with the panel, judge napolitano, we welcome a.b. studdard, associate editor of the hill, and charles krauthammer with us through the statement. quickly, a.b., before the