Fotolia
Slide 2 of 9
On the need for a comprehensive overhaul of regulatory system:
“The reason rules have ‘exploded’ or become ‘bloated’ isn't due to unilateral action on the part of the regulators. They promulgate regulations in response to statutes passed by Congress. Those statutes have exploded and have become increasingly prescriptive, leaving the regulators with less discretion in writing the regulations. They can examine which laws are unnecessary or counterproductive all they want, but it is Congress that has to do something about those. That's why EGRPRA is a joke.”

Related: The key to efficient regulation? Less is more


next