2016 Budget

An Introduction to a Regulatory Budget

July 07, 2016

By Richard J. Pierce
When you combine the effects of the Executive Orders that forbid an agency from issuing a rule with costs that exceed its benefits to society with the effects of the Executive Orders that require agencies to identify and to rescind or amend any existing rule with costs that exceed its social benefits, you get a regulatory budget that maximizes the net social benefits created by rules issued by federal agencies by ensuring that the aggregate social benefits of those rules exceed the aggregate costs of those rules. That is a sensible version of a regulatory budget. Any version of a regulatory budget that considers only the cost of rules and ignores the benefits of rules will reduce social welfare by costing society hundreds of billions of dollars in the forms of loss of lives, increased injuries and illnesses, and damage to property.

Energy efficiency graph

Home Appliance Energy Efficiency Standards under the Department of Energy– Stakeholder Perspectives

June 10, 2016

By Sofie E. Miller
In testimony before the House Energy and Commerce Subcommittee on Energy and Power, Senior Policy Analyst Sofie E. Miller explains that one-size-fits-all energy efficiency standards can deprive consumers of the ability purchase the appliances that best suit their unique circumstances and constraints. As a result, these regulations cost consumers rather than benefiting them, as the Department of Energy posits. In addition, these standards disparately impact low- and median-income households, and current analyses of their effects suggest that these populations bear significant costs as a result.


The Federal Government on Autopilot: Delegation of Regulatory Authority to an Unaccountable Bureaucracy

May 24, 2016

By Sofie E. Miller
In testimony before the House Task Force on Executive Overreach, Senior Policy Analyst Sofie E. Miller explains that retrospective review is a key component of an effective regulatory process because it allows agencies to review whether existing rules are accomplishing their intended goals and to determine what effect they have on the regulated public. Miller argues that writing rules at the outset to facilitate this measurement can improve outcomes and enable policymakers to learn from what has worked and what hasn’t.

United States Senate Alt Seal

Oversight of the Renewable Fuel Standard

March 02, 2016

By Sofie E. Miller
Since Congress created the Renewable Fuel Standard (RFS) program, new information has become available about the effects of mandated biofuel production indicating that the environmental effects are significant and negative. This invited testimony for the record examines evidence from the existing literature, which finds that biofuel production produces criteria pollutants, damages water systems from crop fertilizer runoff, and may not reduce greenhouse gas emissions relative to gasoline. Given this evidence, Congress should reevaluate the goals of the program and put the program on a sustainable trajectory.