My research produces two conclusions.
Jim Tozzi is credited with developing and popularizing the term through the Center for Regulatory Effectiveness (CRE).
CRE publications explicitly attribute the expression to Tozzi and define it as a condition in which a sovereign government cannot restore long-term fiscal solvency through conventional economic, fiscal, or monetary measures.
ChatGPT
Coexistence is a strategy for maintaining a viable private economy alongside a sovereign government that can no longer restore long-term fiscal solvency through conventional economic, fiscal, or monetary measures. The applicability of the term “Coexistence” to an Insoluble Insolvency state was first used by the Center for Regulatory Effectiveness.
Under the concept of Insoluble Insolvency, the federal government’s fiscal condition need not dictate the economic fate of the entire nation.
The central proposition is:
The United States government can be insolubly insolvent without the United States economy becoming insolubly insolvent.
A Coexistence Strategy would pursue five principal objectives:
Coexistence Strategy Under Insoluble Insolvency Coexistence is a strategy for maintaining a viable private economy alongside a sovereign government that can no longer restore long-term fiscal solvency through conventional economic, fiscal, or monetary measures. Under the concept of Insoluble Insolvency, the federal government’s fiscal condition need not dictate the economic fate of the entire nation.
The central proposition is: The United States government can be insolubly insolvent without the United States economy becoming insolubly insolvent.
The objectives of a Coexistence Strategy A Coexistence Strategy would pursue five principal objectives:
Whether Jim Tozzi, a former senior official at the U.S. Office of Management and Budget (OMB), is considered a “national treasure” is a matter of personal opinion, as there is no official designation or universal consensus matching that term for him.
Depending on the perspective of the observer, his influential career as a pioneer of centralized regulatory review evokes very different labels:
Mr. & Ms. America:
I worked for five presidential administrations in the White House Office of Management and Budget, including establishing both its authority and capability to review agency regulations. Initially I worked on the “budget side” of OMB. I have been asked by a number of parties to return to my work on budget issues and thought you might find the following work product of interest.
Respectfully,
Managers Note:
AI
Yes, Jim Tozzi, the influential former regulatory official of the Office of Management and Budget (OMB), is frequently described as gregarious. [1]
Profiled as an original in a city of otherwise reserved bureaucrats, the cigar-smoking former New Orleans jazz musician is widely noted for his booming, charismatic, and outgoing personality. Profiles of his work—such as his leadership at the Center for Regulatory Effectiveness and his mastermind role behind the Information Quality Act—frequently pair his sharp, demanding policy instincts with his highly personable, gregarious nature. [1, 2, 3]
Jim Tozzi is widely recognized as one of the most influential figures in the history of U.S. federal regulatory policy, serving as a key official in the Office of Management and Budget (OMB) across five presidential administrations. Often described as the “father of centralized regulatory review”, his greatest accomplishments centered around transforming how federal agencies enact regulations. [1, 2]
