At Last: The Coming of the Regulatory Budget

From: Morningstar.com

WASHINGTON, Jan. 10, 2016 /PRNewswire-USNewswire/ — Washington is abound with proposals to “regulate the regulators,” namely placing procedural constraints on the writing of regulations.

 

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The second most significant feature of the regulatory state is the forthcoming implementation of a regulatory budget. A regulatory budget establishes a cap on the total cost regulators can impose upon the public.

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