Currents - Energy Industry Insights - February 2018 #3

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Trump Budget Seeks 23 Percent Cut at EPA, Eliminating Dozens of Programs -

"The fiscal 2019 proposal released marks the Trump administration's latest attempt to shrink the reach of an agency the president once promised to reduce to 'little tidbits.' The EPA already has lost hundreds of employees to buyouts and retirements over the past year, and its staffing is now at Reagan-era levels."

Why this is important: A budget reduction of 23 percent is significant regardless of the agency. However, cuts to other agency budgets will not garner the same level of scrutiny as will cuts to the EPA budget. Critics believe the cuts were made to eliminate critical programs to the detriment of the environment and to the benefit of industry....

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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