Archive for September, 2013
by Wayne Crews
In the 2014 fiscal budget proposal, the White House praised regulation of auto safety, energy efficiency and credit cards, and claimed, “In fact, the net benefits of regulations issued through the third fiscal year of the first term have exceeded $91 billion.”
Well, let’s look at that.
Rules officially reviewed by OMB represent a small proportion of the total since before the turn of the century.
In the regulatory at year-end 2012, according to the Regulatory Plan and the Unified Agenda of Federal Regulations, 63 federal departments, agencies and commissions had just completed or were at work on 4,062 rules and regulations at various stages of planning and implementation (pre-rule, proposed, final, completed).
Retrospective Review of Risk-Based Regulations
The George Washington University Regulatory Studies Center
The National Capital Area Chapter of the Society for Risk Analysis
Hart Senate Building, SH-902
September 27, 2013
Too often, ex ante predictions of regulatory outcomes (reductions in health risks, benefits andcosts) are not verified with empirical data ex post. This conference will explore the possible reasons for this lack of ex post evaluation, and examine approaches to improve both the analytical tools for measuring outcomes of risk-reducing regulation, and the incentives to do so.
From: Gimby News Focus
Want to know the parameters of every single government program — how much it costs, who’s working on it, which Americans it benefits? According to a report by the Congressional Budget Office (CBO), getting all that information together will cost roughly $100 million over the next four years.
The CBO was asked to do the math by the House Committee on Oversight and Government Reform, which recently reviewed and sent a bill called the Taxpayers Right-To-Know Act to the floor for discussion by the rest of the House of Representatives.