Draft 2015 Report to Congress on the Benefits and Costs of Federal Regulations and Unfunded Mandates on State, Local, and Tribal Entities

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The Office of Management and Budget (OMB) requests comments on its Draft 2015 Report to Congress on the Benefits and Costs of Federal Regulations, available at: http:// www.whitehouse.gov/omb/inforeg_regpol_reports_congress/. The Draft Report is divided into three chapters. Chapter I examines the benefits and costs of major Federal regulations issued in fiscal year 2014 and summarizes the benefits and costs of major regulations issued between October 2004 and September 2014. It also discusses regulatory impacts on State, local, and tribal governments, small business, wages, and economic growth. Chapter II offers recommendations for regulatory reform. Chapter III summarizes agency compliance with the Unfunded Mandates Reform Act. OMB requests that comments be submitted electronically to OMB by December 21, 2015 through www.regulations.gov.