I strongly support the idea of a regulatory budget, but it needs to be carefully designed and implemented. As I will explain later in my testimony, we already have the functional equivalent of a regulatory budget in the form of Executive Orders issued by Presidents of both parties that are implemented by the Office of Information and Regulatory Affairs (OIRA) within the Office of Management and Budget (OMB). That regulatory budget is well-designed and well-implemented.
Leave a Reply
You must be logged in to post a comment.