[Federal Register: September 24, 2008 (Volume 73, Number 186)]
[Notices]               
[Page 55169]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr24se08-146]                         

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OFFICE OF MANAGEMENT AND BUDGET

 
Draft 2008 Report to Congress on the Benefits and Costs of 
Federal Regulations

AGENCY: Office of Management and Budget, Executive Office of the 
President.

ACTION: Notice of availability and request for comments.

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SUMMARY: The Office of Management and Budget (OMB) requests comments on 
its Draft 2008 Report to Congress on the Benefits and Costs of Federal 
Regulation. The full Draft Report is available at http://
www.whitehouse.gov/omb/inforeg/regpol-reports_congress.html, and is 
divided into four chapters. Chapter I examines the benefits and costs 
of major Federal regulations issued in fiscal year 2007 and summarizes 
the benefits and costs of major regulations issued between September 
1997 and 2007. It also discusses regulatory impacts on State, local, 
and tribal governments, small business, wages, and economic growth. 
Chapter II examines trends in regulation since OMB began to compile 
benefit and cost estimates records in 1981. Chapter III provides an 
update on implementation of the Information Quality Act, and Chapter IV 
summarizes agency compliance with the Unfunded Mandates Reform Act.

DATES: To ensure consideration of comments as OMB prepares this Draft 
Report for submission to Congress, comments must be in writing and 
received by 45 days after publication.

ADDRESSES: Submit comments by one of the following methods:
     http://www.regulations.gov: Direct comments to Docket ID 
OMB-2008-0014
     E-mail: OIRA_BC_RPT@omb.eop.gov
     Fax: (202) 395-7285
     Mail: Office of Information and Regulatory Affairs, Office 
of Management and Budget, Attn: Darcel D. Gayle, NEOB, Room 10202, 725 
17th Street, NW., Washington, DC 20503. We are still experiencing 
delays in the regular mail, including first class and express mail. To 
ensure that your comments are received, we recommend that comments on 
this draft report be electronically submitted.
    All comments submitted in response to this notice will be made 
available to the public, including by posting them on OMB's Web site. 
For this reason, please do not include in your comments information of 
a confidential nature, such as sensitive personal information or 
proprietary information. The http://www.regulations.gov Web site is an 
``anonymous access'' system, which means OMB will not know your 
identity or contact information unless you provide it in the body of 
your comment. If you send an e-mail comment directly to OMB, your e-
mail address will be automatically captured and included as part of the 
comment that is placed in the public docket and made available on the 
Internet.

FOR FURTHER INFORMATION CONTACT: Darcel D. Gayle, Office of Information 
and Regulatory Affairs, Office of Management and Budget, NEOB, Room 
10202, 725 17th Street, NW., Washington, DC 20503. Telephone: (202) 
395-3084.

SUPPLEMENTARY INFORMATION: Congress directed the Office of Management 
and Budget (OMB) to prepare an annual Report to Congress on the Costs 
and Benefits of Federal Regulations. Specifically, Section 624 of the 
FY 2001 Treasury and General Government Appropriations Act, also known 
as the ``Regulatory Right-to-Know Act'' (the Act), requires OMB to 
submit a report on the costs and benefits of Federal regulations 
together with recommendation for reform. The Act states that the report 
should contain estimates of the costs and benefits of regulations in 
the aggregate, by agency and agency program, and by major rule, as well 
as an analysis of impacts of Federal regulation on State, local, and 
tribal governments, small businesses, wages, and economic growth. The 
Act also states that the report should go through notice and comment 
and peer review.

Susan E. Dudley,
Administrator, Office of Information and Regulatory Affairs.
 [FR Doc. E8-22324 Filed 9-23-08; 8:45 am]

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