OMB Asks For Input.
OMB has released its draft 2010 "Report To Congress on the Benefits and Costs of Federal Regulations and Unfunded Mandates on State, Local, and Tribal Entities". The Report examines the benefits and costs of major Federal regulations issued in FY2009 and summarizes the benefits and costs of major regulations issued during the previous ten years. It also discusses regulatory impacts on State, local, and Tribal governments, small business, wages, and economic growth; offers recommendations for regulatory reform; updates how the Administration is implementing the Information Quality Act; and summarizes agency compliance with the Unfunded Mandates Reform Act.
Interestingly, OMB is asking for comment on regulations that are ripe for change or repeal. Persons adversely affected by federal regulations ought to grab this opportunity to put their concerns on the record. Comments on the draft Report should be submitted at www.regulations.gov, Docket ID OMB-2010-0008.
