From: E&E News

Arianna Skibell

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Jim Tozzi, a longtime government employee who helped develop the regulatory budget idea during the Carter administration, said people are so focused on the “one in, two out” aspect of the order that they’re missing the point.

“A regulatory budget sets a limit on the total cost of regulation that the EPA can impose,” he said. “That’s a huge change in the way the government operates.”

“The bottom line is we’ve been proposing this for 37 years,” he said.

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