CBO on Regulatory Accountability Act

Nov 28, 2011

Stack of rulesAs the House of Representatives prepares to consider H.R. 3010, the Regulatory Accountability Act this week, supporters of open government and transparency received some welcome news from the CBO.

The CBO report on the bill credits the legislation for creating more public participation in the rulemaking process, pointing out that the Regulatory Accountability Act will, “codify many practices aimed at increasing regulatory transparency and accountability that are currently required under several executive orders.”

Additionally, the report concludes that the bill would be implemented at virtually no cost, making a long overdue modernization of a 65-year old law in the name of good government. 

The Chamber commends the lead sponsor of this bipartisan bill, Chairman Lamar Smith, along with Rep. Collin Peterson for their leadership, vision, and recognition of the need for greater agency accountability and citizen participation in rulemakings.

Subscribe for Updates

Email:
First Name:
Last Name:
Frequency
 Daily   Weekly

Trending Now

This Infographic Shows What Atypical Jobs Pay College Grads Well and What Cities are Affordable

1,837 views

Citing Economic Benefits, Report Ranks U.S. Cities by Walkability

1,759 views

From Under Armour in Baltimore to Quicken Loans in Detroit, Businesses Lead Urban Revitalization Efforts Across the U.S.

1,646 views
The Challenge Cup: Follow the Global Tournament

Join the Discussion