Who’s Regulating the Regulators? Open Access
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In a recent meeting, the Senate Homeland Security and Governmental Affairs Committee reviewed legislation purported to improve oversight of regulatory agencies, a task delegated to the Office of Information and Regulatory Affairs (OIRA), a little known—yet industrious—group within the Office of Management and Budget celebrating its 30th anniversary this year. Among the proposals were a requirement for increased use of Benefit-Cost Analysis, reduced regulatory paperwork, judicial review and a congressional vote on regulations deemed to have significant economic impact.