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Rewards and Risks of a Federal Regulatory Budget (Part 5)
Benefits, even more so than costs do not lend themselves to measurement by a third party or external observer, and abuse will result from the…
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Rewards and Risks of a Federal Regulatory Budget (Part 4)
This week I began by making the case for the idea of a regulatory cost budget but wanted to spend time exploring looming pitfalls and…
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Rewards and Risks of a Federal Regulatory Budget (Part 3)
Monday in this space, I advocated the idea of a regulatory cost budget but noted there exist looming pitfalls and political traps that could derail…
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Rewards and Risks of a Federal Regulatory Budget (Part 2)
I advocate the idea of a regulatory cost budget but note that there exists looming pitfalls and political traps that could derail it or easily…
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Rewards and Risks of a Federal Regulatory Budget (Part 1)
Our case for capping and “budgeting” regulatory costs across federal agencies opens by asserting that that, perhaps apart from certain raw compliance and paperwork burdens,…
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Can a New President Cut Regulations Unilaterally?
Both presidential candidates have delivered economic speeches over the past two weeks, and both have at least given a nod to red tape and the…
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Next Administration Will Have to Try Harder on Regulatory Moratorium
In a speech yesterday to the Detroit Economic Club, Donald Trump proposed a moratorium on new federal regulations.
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Federal Register Tops 50,000 Pages, Yet Obama’s Report to Congress Is MIA
The annual Report to Congress on the Benefits and Costs of Federal Regulations and Unfunded Mandates on State, Local, and Tribal Entities is quite overdue.
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Washington Post “Fact Checker” Column Still in Denial over Regulatory Costs
The Washington Post “Fact Checker” column is running its critiques of the Republican convention, and in the process is trying again to rebuff a $15,000…
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House Judiciary Subcommittee Assesses OMB Review of Federal Regulations
Last week on July 6, the U.S. House of Representatives Judiciary Committee’s Sub-Committee Subcommittee on Regulatory Reform, Commercial and Antitrust Law conducted a hearing on…
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Testimony on Regulatory Budgeting before the House Budget Committee
Today, the U.S. House of Representatives Budget Committee conducted a hearing on An Introduction to Regulatory Budgeting, and I was invited to testify by Chairman…
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Examining Agency (Over)Use of Regulatory Guidance Documents
Today the U.S. Senate Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management conducted a hearing on "Examining the Use of Agency…
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Wireless Net Neutrality: You Were Warned
Hundreds of people have been burrowing into this week’s D.C. District Court of Appeals 2-1 decision giving the Federal Communications Commission (FCC) everything it wanted…
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New Options for Regulatory Reform from Speaker Ryan
We here at the Competitive Enterprise Institute appreciate the release of the new report by the Task Force on Reducing Regulatory Burdens, issued as part…
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Controlling Federal Agency Guidance Documents: A To-Do List for Congress and Reformers
When I wrote about the proliferation of federal agency guidance documents and other regulatory “dark matter” that skirts Congressional oversight and even normal…
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Federal Regulations Affecting Small Business
It is often said that there is no such thing as a free lunch, something particularly true for the small businessperson. The “Small Business…
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Regulation: A 28 Percent Hidden Tax For The Family
When corporations pay taxes, you pay taxes. That is, while it’s popular to tax rich corporations, and even if they write the check to the…
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Regulatory Cost Blowout: Burden Is Triple the Deficit, Greater than Personal and Corporate Income Taxes Combined
The last time the federal government balanced the budget was between 1998 and 2001. But those were days when a $2 trillion federal budget…
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The Barack Obama Regulatory State Towers over that of Bush
A glance at the overall count of rules and regulations leads one to suppose regulatory burdens are decreasing. After all, since Obama took office the…
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The Proliferation of Federal Agency Guidance Documents
Recently we looked at some prominent recent examples of federal agency guidance—costly to-dos for the private sector. Today I wanted to say just a…
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When Bureaus Attack: Recent Examples of Federal Regulation by “Guidance Document”
In the recent paper “Why Congress Must End Regulation by Guidance Document,” I described the rise of federal agency regulatory dark matter and…
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Federal Agency “Guidance Document” Disclosure Gaps Show Congress Is in the Dark on Regulatory Overreach
In “A Quick and Dirty Inventory of Federal Agencies' Significant Guidance Documents,” I provided, well, a quick and dirty table depicting “significant” (usually, not always,…
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A Quick and Dirty Inventory of Federal Agencies’ Significant Guidance Documents
Much is written by many on federal agency regulations’ expansion and costs. Beyond those, guidance documents, memoranda, notices, and other regulatory dark matter…
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Obama’s 7 Years of Regulation Easily Outstrip Bush’s 8
Annually, despite ups and downs, the number of federal rules and regulations tops 3,400. While the overall rule counts in the Federal Register and…
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Common Property, Gains from Trade—and Statehood
Historian Staughton Lynd argued that the contemporaneously drafted Constitution and Northwest Ordinance of 1787 were themselves components of a larger implicit package that harmonized the…
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Oversight Hearing Will Find Federal Regulatory Transparency Quite Opaque
The 2015 edition of White House Office of Management and Budget’s (OMB) annual Draft Report to Congress on the Benefits and Costs of Federal Regulations was latest we’ve seen…
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Barack Obama as FCC Chairman
The saga of executive branch overreach continues, and we got a twofer today. The House Judiciary Task Force on Executive Overreach held a hearing this…
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The One Year Anniversary of Net Neutrality
In the pen and phone era, one of the many examples of the descent into arbitrary lawmaking influencing an entire sector of the economy is…
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Presidential Candidates Neglect Regulatory Bureaucracy
Allowing a $19 trillion federal debt when it was obvious that interest rates couldn’t remain zero forever is Exhibit A that legislatures rarely control spending.
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The 2016 Unconstitutionality Index: 39 Federal Rules for Every Law Congress Passes
The New Year brought news of yet more executive action by President Obama, most prominently this time on tweaking the Second Amendment and access to…