Regulatory Accounting Analysis of Ombs Reports on the Costs and Benefits of Federal Regulation

The process of issuing & enforcing regulations is a basic tool of government, but the costs that nonfederal entities pay to comply with federal regulations are not accounted for in the federal budget process. This report provides information on the Office of Management & Budget's (OMB) 1997 & 1998 reports to Congress regarding the costs & benefits of federal regulations. Specifically, it describes, for each of 4 statutory requirements, (1) how OMB addressed the requirements in its reports & (2) the views of noted economists in the field of cost-benefit analysis regarding OMB's responses in these reports.Copeland, Curtis W. is the author of 'Regulatory Accounting Analysis of Ombs Reports on the Costs and Benefits of Federal Regulation' with ISBN 9780788186196 and ISBN 0788186191.