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Report to Congress on the Costs and Benefits
of Federal Regulations

September 30, 1997
Office of Management and Budget
Office of Information and Regulatory Affairs

Table of Contents

Introduction

  1. The Role of Economic Analysis in Regulatory Reform
    2.
    1. Federal Regulatory Programs
    2. Devolopment of the U.S. Regulatory Analysis Program
    3. Basic Principles for Assessing Benefits and Costs

  2. Estimates of the Total Annual Costs and Benefits of Federal Regulatory Programs
    3.
    1. Overview
    2. Our Estimates of the Costs and Benefits of Existing Regulations
    3. Other Estimates of the Total Costs of Regulation
    4. Assessment of the Direct and Indirect Impact of Federal Rules

  3. Estimates of Benefits of Benefits and Costs of "Economically Significant" Rules
    4.
    1. Scope
    2. Overview
    3. Benefits and Costs of Economically Significant Final Rules

  4. Recommendations
    5.
Appendix: Summary of Public Comments
Bibliography

Table of Tables

  1. Estimates of the Annual Cost of Social Regulation for 1997

  2. Estimate of the Annual Total Cost of Regulation For 1997

  3. Hahn and Hird's 1988 Benefit Estimates

  4. Estimates of the Total Annual Benefits and Costs of Regulation for 1997

  5. Hopkins' Estimate of the Annual Costs of Regulation

  6. Economically Significant Final Rules

  7. Summary of Agency Estimates for Final Rules 4/1/96 - 3/31/97

  8. Summary of Agency Estimates for Final Rules 4/1/96 - 3/31/97

  9. Transfer Rules