Cost-benefit Analysis

Articles & Analysis

House Passes Regulatory Accountability Act in Attempt to Make It More Difficult to Protect the Public

WASHINGTON, Dec. 2, 2011—Today, the House passed the so-called Regulatory Accountability Act (RAA), which was sponsored by Reps. Lamar Smith (R-TX) and Collin Peterson (D-MN). The bill, if passed by the Senate and signed by President Obama, would make it far more difficult to protect the public from environmental, health, safety, and economic hazards.

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Anti-Regulatory Attacks Coming in Both the House and Senate

While most Congress watchers have been focusing on the work of the Super Committee, anti-regulatory activists in both the House and the Senate have been working hard to undercut some of the most important safeguards that protect Americans.

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Analysis of the Regulatory Accountability Act: An Unjustified, Dangerous Overhaul of Federal Rulemaking Law

The Regulatory Accountability Act (RAA), announced by Sens. Rob Portman (R-OH), Mark Pryor (D-AR), and Susan Collins (R-ME) and Reps. Lamar Smith (R-TX) and Collin Peterson (D-MN) on Sept. 22, is a radical overhaul of the federal rulemaking process that would result in a system that allows powerful special interests to dominate. The bill would cast aside public health, worker safety, and environmental quality goals that are the basis of so many public protections and make estimated costs to businesses and the economy the most important consideration in rulemaking.

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