Here is a forum where students and the public may express their views on placing a cap on the expenditures that can be imposed on the public by federal regulators, please see http://www.thecre.com/forum2/?p=1052
When we think of regulatory governance we think of two issues:
(1) A process which requires a benefit/cost analysis of proposed regulations and an independent review of the analysis (in sum an OIRA), and
(2) placing a cap on the expenditures the regulators can impose on the public.
With respect to (1) above it took 20 years to design and implement.
With respect to (2) above, OIRA has been up and running for thirty five years and neither they, nor we, ever got to item( 2).
Therefore we think it time to start a debate on this topic. Realizing this is a somewhat controversial issue we think it best to start the debate in a very transparent manner.
We believe we must first have a discussion on the merits of imposing a cap as opposed to concentrating solely on the mechanism to do so; regulatory budgets are one of a number of ways to impose a cap or near cap.
In that in the long run students are going to make the ultimate decision we think it only appropriate to have them involved in the front end. Consequently we would appreciate student participation in this discussion forum by using the comment section in the aforementioned link at http://www.thecre.com/forum2/?p=1052
Those students wishing to submit documents in lieu of making a comment may use the “Publish A Post” feature on the right hand side of the page.
This issue has been the subject of a communication between CRE and the Council on Foreign Relations, please see http://www.thecre.com/oira_forum/wp-content/uploads/2015/08/Policy-Communique-with-the-Council-on-Foreign-Relations2.pdf