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Ben Somberg | July 15, 2011

Debunked SBA Regulatory Costs Study Front and Center at House Energy & Commerce Committee Hearing

The House Energy & Commerce sub-committee on Environment and the Economy held a hearing yesterday on “regulatory chaos” (yikes!). One figure seemed popular: $1.75 trillion. That’s how much regulations cost the U.S. economy each year, sub-committee vice-chair Tim Murphy said in his opening statement. Two of the four witnesses made the same claim in their […]

Rena Steinzor | July 14, 2011

The Big Business Dilemma: What Could Happen When Government Is Gone

The nation’s capital is all but intolerable these days, even for those of us who have lived here for decades and are used to excessive histrionics and gross summer weather. A pall of bad, hot, wet air has settled over the place, and serves as a backdrop to the slow-motion car wreck that is the debt […]

Lena Pons | July 13, 2011

Some Pleasant Surprises in Agency Regulatory Plans

Last week, the Office of Information and Regulatory Affairs (OIRA) of the Office of Management and Budget released the semiannual regulatory agenda. I pointed out that the agenda, which contains the regulatory agencies’ planned actions, was quite late. Although the plans share problems from past years, like simply pushing back the target dates for regulatory actions, there […]

Thomas McGarity | July 13, 2011

President Obama’s Puzzling New Executive Order: Should the Consumer Financial Protection Bureau Really be Spending Its Precious Time and Resources Weakening Existing Regulations?

On Monday, the White House announced that President Obama had signed a new executive order on federal regulation to supplement January’s executive order to executive branch regulatory agencies. The new executive order is aimed at the “independent agencies,” so named because the heads of those agencies do not serve at the pleasure of the president. By statute, […]

Lena Pons | July 7, 2011

Looking Back, But How Much Looking Ahead? Agencies Release Regulatory Agendas Months Late

The Administration has been busy promoting President Obama’s new approach to regulatory review, which required federal regulatory agencies to produce plans for how they would review existing regulations and look for regulations to cut. But while the mad dash to find regulations the administration can trot out as misguided or outdated continued, the agencies were delayed […]

Amy Sinden | June 30, 2011

OIRA’s Annual Report to Congress on the Benefits and Costs of Regulation: Sunstein Rips another Page from the Republican Playbook

Upon reading the White House Office of Information and Regulatory Affairs’ (OIRA) latest annual Report to Congress on the Benefits and Costs of Federal Regulations, one can be forgiven for wondering momentarily whether the 2008 election was just a dream and whether we’re still in the midst of a Republican administration. OIRA is telling us that […]

Rena Steinzor | June 28, 2011

Cass Sunstein and the Obama Legacy

Cross-posted from ACSblog. A series of catastrophic regulatory failures in recent years has focused attention on the weakened condition of regulatory agencies assigned to protect public health, worker and consumer safety, and the environment. The failures are the product of a destructive convergence of funding shortfalls, political attacks, and outmoded legal authority, setting the stage […]

Sidney A. Shapiro | June 24, 2011

Evan Bayh Kicks off Anti-Regulatory Campaign With Series of Falsehoods

On Wednesday, former senator Evan Bayh joined former George W. Bush Chief of Staff Andy Card at the Chamber of Commerce to formally announce their plans to tour around the country campaigning against regulations. The pair have already jumped into a series of falsehoods, endorsing, for example, the discredited SBA-sponsored study claiming regulations cost $1.75 […]

Sidney A. Shapiro | June 22, 2011

Four Anti-Regulatory Proposals to Get Senate Hearing Thursday

Fact: It often takes agencies up to 10 years (in some cases even longer) to develop and issue critical regulations needed to protect people and the environment. These delays may save corporations money, but they impose real and preventable costs in terms of lives lost, money wasted, and ecosystems destroyed. The reasons for this delay are not […]