An Analysis of the Second Government Draft Report on the Costs and Benefits of Federal Regulations
AbstractThis paper critically reviews the draft of the Office of Management and Budget's second report on the costs and benefits of federal regulation. The purpose of this analysis is to offer constructive recommendations for improving that report. Our main conclusion is that the OMB report represents an improvement over the previous year in terms of the quantity of information presented and the nature of the presentation. However, it still has some serious problems that need to be addressed. Perhaps the most serious deficiency is that the OMB fails to take adequate advantage of its in-house expertise in providing a candid assessment of the costs and benefits of regulation.
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Bibliographic InfoPaper provided by Regulation2point0 in its series Working paper with number 413.
Date of creation: Sep 1998
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