One forgotten agency can curb alarming growth of regulation
Editor’s Note: Read the real history of centralized regulatory review, OIRA’s Formative Years: The Historical Record of Centralized Review Preceding OIRA’s Founding.
From: The Hill
BY TIMOTHY DOYLE
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Reagan’s idea of expanding centralized review should be considered again, but to effectively do so, Congress must expand the Office of Information and Regulatory Affairs (OIRA) — the one agency empowered to oversee significant regulations.
With currently just over 45 people working for OIRA, the size of the regulatory state is surpassing its ability to efficaciously review all significant regulations. Ironically, as the volume of regulations has exponentially grown since President Reagan first proposed expanding centralized review, the size of OIRA has been cut in half.