EPA Should Establish a Prototype Regulatory Budget

In response to the Sensible Regulation initiative, I am writing to inform you of a recommendation we have made to the White House office in charge of regulatory oversight of federal agencies, the Office of Information and Regulatory Affairs (OIRA).  Although I was instrumental in establishing  the  office, I am no longer employed by the organization. Most recently I was an active participant in the establishment of  A Forum for Venting Key Submissions to OIRA

We have proposed a mechanism for controlling the total cost of regulations, a regulatory budget, and it is described in detail in a post on the website of the Center for Regulatory Effectiveness (CRE)  at https://www.thecre.com/forum8/?p=8371

Federal Agencies


Assessment Methodology for Economic Analysis


Cost-Benefit Analysis in Federal Rulemaking


The Politics Of Benefit-Cost Analysis


Guidelines for Preparing Economic Analyses


What Is a Benefit-Cost Analysis (BCA)?


Guidebook for Cost/Benefit Analysis of Smart Grid Demonstration Projects


NOAA Releases Cost-Benefit Analysis of Commercial Data


Marketplace Computer Matching Programs: Cost-Benefit Analysis

University of Chicago

How Well Does the U.S. Government Do Benefit-Cost …

University of Chicago

https://www.journals.uchicago.edu › abs › reep › rem012
by RW Hahn · 2007 · Cited by 131 — We assess the quality of a particularly rich sample of benefitcost analyses of federal regulations.
Benefit–Cost Analysis and Distributional Weights

University of Chicago

https://www.journals.uchicago.edu › abs › reep › rew005
by MD Adler · 2016 · Cited by 103 — Benefitcost analysis (BCA) evaluates policy choices by summing unweighted monetary equivalents, and is insensitive to distributional considerations.

Carnegie Mellon University

Tepper Inclusive Growth and Prosperity Initiative

Carnegie Mellon University

https://www.cmu.edu › faculty-and-research › initiatives
This conference seeks proposals that analyze the causes, consequences, and policy implications of barriers to mobility across the income and wealth distribution …
Impact from Innovation

Carnegie Mellon University

https://www.cmu.edu › cmu-eis-report-2017
form of a cost-benefit analysis, develops a “counterfactual” that overall impact amounts are netted against impact levels that might have occurred anyway

Massachusetts Institute of Technology

Cost-benefit analysis: a methodological exposition

Massachusetts Institute of Technology

https://dspace.mit.edu › costbenefitanaly00roth
by J Rothenberg · 1969 · Cited by 107 — Cost-benefit analysis is a technique employed mostly by economists … More recent emphasis on relative income distribution effects for certain.
Cost Benefit Analysis

Massachusetts Institute of Technology

https://ocw.mit.edu › courses › e9c43ad919896…
Guide to Cost-Benefit Analysis of Major Projects, In the context of … of objectives (unemployment, economic growth, reduce regional income inequality).
30 pages