Yesterday, President Obama released another Executive Order on regulatory reform. The new order expands on EO 13563, and provides three new requirements on agencies:
- Twice yearly reporting by agencies to the Office of Information and Regulatory Affairs concerning the status of reform efforts,
- Increased public participation in regulatory reform, and
- An obligation to prioritize agency reform efforts to “produce significant quantifiable monetary savings or significant quantifiable reductions in paperwork burdens while protecting public health”
Reactions were predictable. … More