The Washington Post, January 23, 1995
* Limit the government's ability to transfer costs to the private sector by
changing so-called takings law so that owners of property whose value was
reduced by regulation could more easily collect compensation.
* Limit as well the government's ability to transfer such costs to the state and
local sector by requiring explicit majority votes in both houses to impose
"unfunded mandates" on state and local government. That's the gist of the
unfunded mandates
* Require that before issuing future rules to protect health, safety or the
environment, agencies go through an elaborate process of risk assessment and
cost-benefit analysis meant in part to make clearer than now the assumptions
theagencies use, the theory being that sometimes they use worst-case assumptions
that won't be able to survive the public scrutiny.
There's more -- it's a systematic assault on regulation -- and while some of the
ideas will turn out to be excessive, others set up tests of acceptability that
regulations ought to have to meet. They're overdue, and in the long run
theregry impulse could itself be the principal beneficiary of their
enactment.
More on takings.
* Limit the government's ability to transfer costs to the private sector by
changing so-called takings law so that owners of property whose value was
reduced by regulation could more easily collect compensation.
* Limit as well the government's ability to transfer such costs to the state and
local sector by requiring explicit majority votes in both houses to impose
"unfunded mandates" on state and local government. That's the gist of the
unfunded mandates
* Require that before issuing future rules to protect health, safety or the
environment, agencies go through an elaborate process of risk assessment and
cost-benefit analysis meant in part to make clearer than now the assumptions
theagencies use, the theory being that sometimes they use worst-case assumptions
that won't be able to survive the public scrutiny.
There's more -- it's a systematic assault on regulation -- and while some of the
ideas will turn out to be excessive, others set up tests of acceptability that
regulations ought to have to meet. They're overdue, and in the long run
theregry impulse could itself be the principal beneficiary of their
enactment.
More on takings.