Both critics and defenders overstate true role of cost-benefit analysis in rulemaking
My recent ACUS report presents three conclusions to frame proposed improvements.
Empirical research reveals stronger benefit-cost analysis during less political rulemakings.
Increased regulatory action under Obama means that OIRA has more regulations to review.
Judicial review of benefit-cost analysis is no cure-all.
Letter from OIRA Administrator Sunstein emphasizes President’s role.