Can the new White House Report to Congress on the Benefits and Costs of Federal Regulations tell us whether regulations on the whole do more good than harm?
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On April 7, 2023, the Office of Management and Budget (OMB) requested comments on proposed Circular A-4, “Regulatory Analysis.” 88 Fed. Reg. 20915. According to OMB, since 2003, OMB.
The proposed changes in this proposed rewrite of Circular A-4 could, if implemented as proposed, profoundly change benefit-cost analysis in federal rulemaking and greatly expand opportunities for public participation in the regulatory review process.
In accordance with the notice published in the Federal Register, Irespectfully submit these comments on OMB's Draft Report on theCosts and Benefits of Federal Regulations. The views I express inthese comments are my own, and should not be construed asrepresenting any official position of The Heritage Foundation.