From: Bloomberg/BNA

By Cheryl Bolen


Information to Come

Regulatory reform officers and task forces in every agency are working on systematic efforts to evaluate and reduce regulatory burdens, Rao said, mentioning a new present-value calculator as one tool.

According to a guidance document issued in April, agencies are required to calculate the “present value” of regulatory actions and cost savings, and OIRA is working to assist agencies in their accounting, a spokesman said.

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