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®: CRE Regulatory Action of the Week
OMB's Draft Report to Congress on Costs and Benefits of Agency Regulations
The Regulatory Right-to-Know Act calls for the Office of Management and Budget
to submit to Congress each year "an accounting statement and associated report"
including:
(A) an estimate of the total annual benefits and costs (including quantifiable and
nonquantifiable effects) of Federal rules and paperwork, to the extent feasible:
(1) in the aggregate;
(2) by agency and agency program; and
(3) by major rule;
(B) an analysis of impacts of Federal regulation on State, local, and tribal government,
small business, wages, and economic growth; and
(C) recommendations for reform.
OMB's draft 2015 Report to Congress is available here.
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