Finding the Middle Ground in Regulatory Reform

From: RegBlog | Penn Program on Regulation

Over the last five years, politicians have increasingly called for a major overhaul of the regulatory state as a potential solution for jump-starting the economy by freeing up the private sector to create new jobs. A research memorandum released recently by the Administrative Conference of the United States documents how members of Congress have, over the last several sessions, introduced dozens of reform bills, most of which would either strip power away from agencies or impose additional procedural strictures on the rulemaking process.

Although these efforts have been partially bipartisan, with certain bills introduced by Democrats and several more cosponsored by politicians from both sides of the aisle, the vast majority have been sponsored by Republicans. Similarly, almost every regulatory reform bill to receive a vote in committee or on the floor of either chamber has received overwhelming Republican support and equally lopsided Democratic opposition.

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