Some of this sounds great - term limits on congress, a measure to reduce the revolving door effect of government officials going into lobbying. Some of it sounds ridiculous - for every new federal regulation, 2 existing regulations must be eliminated. How is that considered feasible by any rational person? It might sound great if you don't think too hard about it. The scariest things for me are the backing out of cli…
Wanton numerological regulation slashers should be wary of Chesterton's Fence[1].
On the scale of meaningfulness, this idea is somewhere between the Dow Jones Industrial Average and middle school kids playing with margins, spacing, and font size to satisfy a teacher's page-length requirement.
[1] https://en.wikipedia.org/wiki/Wikipedia:Chesterton%27s_fence