The Competitive Enterprise Institute Daily Update
Issues in the News
1. GOVERNMENT ACCOUNTABILITY
The House Government Reform Committee’s Subcommittee on Regulatory Affairs examines government red tape via hearings on the Paperwork Reduction Act.
OPEC has announced an increase in production quotas to combat high oil prices.
3. HEALTH & SAFETY
Canadian and American agriculture officials have agreed not to let the process of screening for BSE (“Mad Cow Disease”) throw up new barriers to trade in beef from either country.
The federally-chartered Pension Benefit Guaranty Corporation (PBGC) is taking over the pension liabilities from bankrupt U.S. carrier United Airlines.