spot_imgspot_img

Transparency measure would cost $6 million over 5 years, CBO says

A measure designed to increase government transparency would add an estimated $6 million in administrative costs at the federal level, according to a new report.

House Resolution 890, the Guidance Out of Darkness Act of 2023, would require federal agencies to publish their regulatory guidance on the internet in an easily accessible location.

House Oversight Committee Chair Rep. James Comer, R-Ky., along with other Republicans, have backed the measure as a way to improve government transparency.

U.S. Sen. Ron Johnson, R-Wis., said the measure would help small businesses.

“This bill reduces the regulatory burden placed on small businesses, workers and households by holding federal agencies accountable,” Johnson said earlier this year when he re-introduced the measure in the Senate. “Increasing transparency and simplifying the regulatory process will further economic growth for all Americans.”

The measure would require agencies to post their guidance documents (such as memorandums, directives, blog posts, and speeches by agency officials) on a single website designated by the Office of Management and Budget, according to an analysis from the Congressional Budget Office, a nonpartisan federal agency that produces hundreds of cost estimates for proposed legislation each year.

“According to the Government Accountability Office, many agencies already provide guidance documents on their websites,” according to the report. “Thus, CBO expects that implementing the bill would increase agencies’ administrative expenses mostly for consolidating and uploading documents in a single location.”

The Congressional Budget Office estimated that the cost would be $6 million from 2023 through 2028.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_imgspot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Louisiana gaming revenues see decline across the board

(The Center Square) — Louisiana’s gaming industry had a...

Jury selection winds down, opening statements on deck in Madigan corruption case

(The Center Square) – With jury selection expected to...

Arizona, feds ask bank scam robocalls to stop

(The Center Square)— Attorney General Kris Mayes and attorneys...

READ: Smith’s bombshell appendix drops thousands of blank pages in Trump case ahead of election

(The Center Square) – Special Counsel Jack Smith's 1,889-page...

Absentee ballot discussion continues as election day draws near

(The Center Square)- Military veterans and their family representatives...

Seattle City Council supports restoring funding for Seattle Channel programming

(The Center Square) – A recent Seattle Budget Committee...

Another month goes by and Texas keeps breaking jobs records

(The Center Square ) – Month after month, Texas...

North Carolina sees record turnout on first day of early voting

(The Center Square) – Following a record-setting first day...

More like this
Related

Louisiana gaming revenues see decline across the board

(The Center Square) — Louisiana’s gaming industry had a...

Jury selection winds down, opening statements on deck in Madigan corruption case

(The Center Square) – With jury selection expected to...

Arizona, feds ask bank scam robocalls to stop

(The Center Square)— Attorney General Kris Mayes and attorneys...

READ: Smith’s bombshell appendix drops thousands of blank pages in Trump case ahead of election

(The Center Square) – Special Counsel Jack Smith's 1,889-page...