Office of Management and Budget
Announces Science-Based Regulatory Review Framework
DC, September 25, 2001 -- The Office of Management and Budget
today released a September 20th memorandum, outlining science-based
"principles and procedures" that OMB will use to evaluate regulatory
proposals advanced by federal agencies. The memorandum, issued
to the President's Management Council by OMBs Office of
Information and Regulatory Affairs Administrator John D. Graham,
calls for high-quality cost-benefit analyses, science-based risk
assessments, peer review, consultation with state and local governments,
and specific consideration of the welfare of small businesses.
- "Our goal
is to improve the regulatory process, adopting cost-effective
rules when they are needed, modify existing rules to make them
more effective and/or less costly, and rescind outmoded rules,"
Dr. Graham said.
- The President's
Management Council, chaired by OMB Deputy Director Sean O'Keefe,
is comprised of the deputies from more than 20 federal departments
and agencies. OMB-OIRA is using the Council as a vehicle to communicate
to agencies the Administration's approach to implementing science-based
improvements of the regulatory process.
the memorandum calls for an OIRA review of significant regulations,
including a regulatory impact analysis; risk assessments; a peer
review; and impact statements regarding state, local, and Indian
tribal governments, energy supply, production and consumption,
other federal agencies, and small businesses. The memorandum also
outlines clearance procedures, public disclosure details, and
the mechanics of OIRAs use of "prompt" and "return" letters.
- The memorandum
is attached. (44k)
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