On June 23, several senators outlined proposals for revamping the regulatory system, a system they blame for the nation's economic problems. Cass Sunstein, administrator of the White House Office of Information and Regulatory Affairs (OIRA), told the senators that the proposals were largely unnecessary and could have harmful unintended consequences, as reported yesterday on the official OMB website. The Obama administration is engaged in a large scale anti red tape exercise and departmental plans are now online for comment. The discussion in the Senate is rich and all documents are available online from the links just quoted for interested experts. That the country that initiated modern regulatory reform in the 1980's should still be seeking ways to consolidate results and make further progress shows that the search for regulatory quality is never ending and that it needs to rediscover itself at regular intervals.
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