Undo changes to the order governing regulatory review
What the document says“the next President should immediately begin to undo those changes and develop a rigorous, data-driven approach that will result in the least burdensome rules possible.”
The chapter says the President should maintain Executive Order 12866, the foundation of OIRA's review of regulatory actions, and should keep its extension to Treasury. If the Biden Administration modified that order or OMB Circular A-4, which underpins cost-benefit analysis, the next President should immediately begin undoing those changes.
What the document actually says“the next President should immediately begin to undo those changes and develop a rigorous, data-driven approach that will result in the least burdensome rules possible.”
The next president should undo those changes right away. He should build a strict method that keeps rules as light as possible.
One old order sets how new rules get checked. It weighs the cost against the good they do. The book says if the last president changed it, the next one should change it back.
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