Statement from OMB Director Mick Mulvaney:

Budgetary Impact Analysis for Executive Order Entitled “Revocation of Federal Contracting Executive Orders”

This executive order rescinds certain executive orders and portions of executive orders and also instructs agencies to reconsider rules and other documents implementing or enforcing the revoked orders. Implementing this executive order would have a de minimis impact on costs and revenues to the Federal Government. The benefits of this executive order include the removal of duplicative and unnecessary procedures for Federal contract procurement and a return to due process protections for Federal contractors, resulting in reduced costs for taxpayers. Implementing this executive order would have a de minimis impact on mandatory and discretionary obligations and outlays, as well as on revenues to the Federal Government, in the 5-fiscal year period beginning in fiscal year 2017. The agencies anticipated to be impacted by this executive order include all executive branch departments and agencies.