Wayne Crews of the Competitive Enterprise Institute reports on Proposed House Budget Concurrent Resolution.
The resolution is particularly supportive of a regulatory budget.
SEC. 605. POLICY ON FEDERAL REGULATORY BUDGETING
—It is the policy of this concurrent resolution that the House should, in consultation with the public, consider legislation that:
requires—
an annual, congressional regulatory budget that establishes annual costs of regulations and allocates these costs amongst Federal regulatory agencies.
The point of emphasis is that the concept of a regulatory budget is becoming embedded in the fiscal budget process.
