Tag Archives: cost-benefit analysis

Benefit-Cost Analyses and the Regulatory Budget, by Jim Tozzi

by Guest Blogger — Monday, Mar. 11, 2019

Arguments are frequently made to the effect that if the benefits of a regulation exceed its costs, the regulation should promulgated. Here is a succinct statement as to why the aforementioned statement is flawed. In a like manner with the advent of a regulatory budget, whose control mechanism is anchored in Theory of Optimal Delegation, […]

Cost-Benefit Analysis of Tax Regulations: A Case Study (with Jennifer Nou and David Weisbach)

by Daniel Hemel — Friday, July 27, 2018

[Note: This post is co-authored with University of Chicago Law School colleagues Jennifer Nou and David Weisbach.] The Treasury Department and the Internal Revenue Service (IRS) have submitted a proposed rule regarding the new passthrough deduction to the Office of Information and Regulatory Affairs (OIRA) for review. This appears to be the first tax regulation labeled as “economically significant” […]

Upcoming Event on Regulatory Benefit-Cost Analysis (ACUS Update)

by Emily Bremer — Thursday, Aug. 17, 2017@emilysbremer

If you’re going to be in the DC area on September 29 and are interested in benefit-cost analysis, here’s the event for you!  The Administrative Conference of the United States (ACUS), the Society for Benefit-Cost Analysis (SBCA), and the GWU Regulatory Studies Center are co-sponsoring an afternoon of discussion on New Developments in Regulatory Benefit-Cost […]

The CBO-CBA Analogy, or What Wonks Could Learn from Each Other

by Jennifer Nou — Sunday, Mar. 19, 2017@Jennifer_Nou

The Congressional Budget Office (CBO) recently released its long-awaited report on the likely budgetary effects of the American Health Care Act. The legislative counterpart to the White House’s Office of Management and Budget, CBO estimates how federal spending and revenues would change as a result of proposed legislative bills. The resulting Republican talking points were […]

Recent Developments About Regulatory Cost Budgeting as a Potential Reform

by Jeff Rosen — Tuesday, May 24, 2016

For those with an interest in the issue of budgets for the costs of regulation as a potential reform of the regulatory system, there have been some recent developments: In the budget resolution adopted by the House Budget Committee on March 16, 2016 (H.Con.Res. 125), section 605 is titled “Policy Statement On Federal Regulatory Budgeting […]

Regulatory Reform Legislation, Where Do Things Stand?

by Jeff Rosen — Saturday, Mar. 12, 2016

Regulatory reform legislation has been a lively topic, and is likely to remain so. Next Tuesday, a panel featuring four senior House and Senate professional staff members will address “Congressional Interest in Regulatory Reform” during the 12th Annual Administrative Law Institute in Washington, D.C. And next Wednesday, the Hoover Institute and the ABA Section of Administrative […]

Will Congress Make Rulemaking a Practically Impossible Task?

by Connor N. Raso — Tuesday, Jan. 26, 2016

A bipartisan group in the Senate is working on a large package to reform the rulemaking process. Negotiations are ongoing but the New York Times reported last week that the package is likely to require agencies to engage in additional cost-benefit analysis that would be subject to judicial review. In joint work, I have argued […]

​Ongoing Interest in Regulatory Cost Budgets

by Jeff Rosen — Thursday, Dec. 10, 2015

This week the Senate Budget Committee held another hearing titled “Moving to a Stronger Economy Through Regulatory Budgeting”. The hearing included three witnesses, including Dr. John Graham, former OIRA Administrator and present Dean of Indiana University’s School of Public and Environmental Affairs; Dr. Jerry Ellig, Senior Research Fellow at George Mason University; and Prof. Robert […]

Improved Economic Analysis in SEC Rulemaking?

by Christopher J. Walker — Wednesday, July 22, 2015@chris_j_walker

As I’ve blogged about before, the role of cost-benefit analysis—and economic analysis more generally—in financial regulation has been a hot topic in recent years among scholars, policymakers, regulators, and the regulated. This debate has been sparked in part by the D.C. Circuit’s aggressive review of SEC rulemaking—in cases like Business Roundtable v. SEC and others—and […]

Beermann on Ahdieh on Cost-Benefit Analysis in Financial Regulation (AdLaw Bridge Series)

by Christopher J. Walker — Thursday, Dec. 4, 2014@chris_j_walker

Over at the Journal of Things We Like (Lots) — aka Jotwell, the value of which I explain further here —  Jack Beermann has a great review of one of my favorite articles on cost-benefit analysis in financial regulation: Robert Ahdieh‘s Reanalyzing Cost-Benefit Analysis: Toward a Framework of Functions(s) and Form(s), which was published in the NYU Law Review. […]