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Agencies ditch outdated and costly regulations

May. 8, 2014 - 06:00AM   |  
By ANDY MEDICI   |   Comments

Agencies are making progress getting rid of outdated and overly burdensome regulations, according to a top official.

Howard Shelanski, administrator of the Office of Information and Regulatory Affairs at the Office of Management and Budget, wrote in a blog post May 7 that agencies have identified hundreds of initiatives to reduce burdens and will save more than $13 billion over the next few years.

The Centers for Medicare and Medicaid Services issued a final rule reforming regulations the agency found to be unnecessary, obsolete or overly burdensome, according to Shelanski. The effort is expected to save the American health system $3 billion over the next five years.

The Transportation Department also proposed a rule last summer to streamline requirements for truck drivers and motor carriers to streamline the inspection report process – saving $1 billion in annual paperwork for companies.

Ensuring a flexible regulatory structure and reducing unneeded burdens through agency reviews is a top priority for the administration, Shelanski said.

“We will continue to work with our colleagues at federal agencies on this effort and on ways to further institutionalize retrospective review as an essential component of government regulatory policy,” he said.

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