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A Future for Federal Regulatory Budgeting?
Published online by Cambridge University Press: 04 March 2020
Extract
For decades, a strong case has been made for comprehensive reform of the U.S. federal government’s regulatory processes (for early contributions, see Weidenbaum & DeFina, 1978; Lave, 1981; Breyer, 1982; Harrison & Portney, 1983; Litan & Nordhaus, 1983; Viscusi, 1992; Breyer, 1993; Sunstein, 1996; Graham, 1996, 1997). Establishment of centralized Office of Management and Budget (OMB) oversight through the Office of Information and Regulatory Affairs (OIRA) was an important achievement, but Congress has not yet passed comprehensive regulatory reform legislation.
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Footnotes
The author appreciates constructive comments on an earlier draft from Keith Belton, Art Fraas, and Kerry Krutilla, although they do not necessarily share the views expressed here.
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