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H.R. 2327: Regulatory Reform Act of 1983

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Report Type Reports and Testimonies
Report Date July 28, 1983
Report No. 122002
Subject
Summary:

In testimony before a congressional subcommittee, GAO discussed the Regulatory Reform Act of 1983. GAO stated that regulatory analysis has not fully achieved its potential for improving regulatory decisionmaking under Executive Order 12291. GAO suggested that: (1) the quality of underlying data be improved by requiring that data submitted to rulemaking records be accompanied by sufficient documentation to assess their validity, and (2) explicit guidelines for waiving analytical requirements be developed. GAO believes that the Office of Management and Budget could improve the quality of analyses if it played a broader, more supportive role and promoted Government-wide consistency in the application of regulatory analysis. Finally, GAO observed that the resolution of this matter would require Congress to identify those statutes where use of cost-benefit analysis and related analytical tools are prohibited.

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