The Senate on Regulation: Establishing a Regulatory Budget

Editor’s Note: The concept of Regulatory Budgeting was pioneered at OMB, see here. Centralized regulation in the U.K. is discussed here.

From: American Action Forum


The American Action Forum (AAF) has spent considerable time outlining the efficacy, potential benefits, and international perspectives behind a budget for federal regulation. Now, Senator Dan Sullivan (R-AK) has sponsored the “RED Tape Act of 2015” (S. 1944), which aims to install a British-style “one-in, one-out” method for regulatory accounting.

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