From: FEDWeek | Federal Manager’s Daily Report

OMB has told agencies to submit by September 18 their Regulatory Plan and Unified Agenda of Federal Regulatory and Deregulatory Actions, stressing that they are to “give particular attention” to a Trump administration executive order on reducing regulations and the costs they impose.

In particular, OMB said, that order requires agencies to identify offsetting cost reductions by reducing regulations for each regulation that imposes a new cost. “In its Agenda, an agency should counterbalance the costs of anticipated regulatory actions issued within the fiscal year with cost savings from anticipated deregulatory actions in order to demonstrate anticipated compliance with its total incremental cost allowance,” OMB said.

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