Each year, the Office of Management and Budget reports to Congress on the benefits and costs of federal regulations. Policy Integrity’s faculty advisor, Dean Richard Revesz and executive director, Michael Livermore were asked to serve as peer reviewers of the 2009 report, released today.
In its appendix, OMB’s reaction to selected comments are detailed. The agency found useful recommendations to identify best practices, to detail its methods of conducting cost-benefit analysis, and to provide suggestions for regulatory reform.