President Trump announced plans for more deregulation in the coming year with the release Thursday of the administration’s second regulatory agenda.

At a ceremony in the White House, Trump said the federal agencies beat the goal he set when he took office to cut two rules for every new rule proposed and add no new regulatory costs to the economy.

“Today I’m proud to announce we beat our goal by a lot,” he said. “Instead of adding costs as so many others have done … for the first time in decades, we achieved regulatory savings. Hasn’t happened in many decades. We blew our target out of the water.”

The administration withdrew or delayed 1,579 planned regulatory actions in 2017, according to the semi-annual Unified Regulatory Agenda published by the White House Office of Management and Budget Thursday afternoon. The regulatory agenda acts as a policy blueprint of sorts for federal agencies.

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