
OMB Watch's Executive Report
by Guest Blogger, 11/8/2002
The latest issue of OMB Watch's Executive Report is now available.
Articles in this issue include:
- OMB Builds Record of Rollbacks Under the leadership of John Graham, OMB’s Office of Information and Regulatory Affairs (OIRA) is increasingly using its regulatory review authority to weaken or block health, safety, and environmental standards. In this issue, we document OIRA decisions to gut a proposed standard on diesel emissions from large ships and tankers, and weaken a final rule to protect drinking water from hazardous waste.
- Ignoring Enron's Lessons, Bush Regulatory Rollbacks Continue Virtually everyone now agrees that a permissive regulatory environment aided the recent wave of corporate accounting scandals. There were insufficient protections to ensure independent, objective accounting, and little in the way of government oversight, with the Securities and Exchange Commission (SEC) woefully underfunded and understaffed. Unfortunately, these same permissive conditions exist in other areas of corporate governance as well, particularly protection of public health, safety, and the environment. Yet in these areas, the Bush administration has continued to exacerbate the problem, stifling new protections, rolling back regulation already on the books, and gutting enforcement.
- Faith-Based Initiative Moves Forward at Agencies With Republicans taking control of the Senate, President Bush's stalled proposal to increase federal funding of faith-based organizations likely moves to the front burner. In the meantime, however, the administration is moving forward with administrative reforms of agency grant programs.
- Agencies Finalize Data Quality Guidelines Most agencies successfully finalized their data quality guidelines on or about the Oct. 1, 2002 deadline, with few significant changes from draft guidelines produced months earlier. Nonetheless, there were some trends and overall similarities in the changes made from the draft guidelines to the final versions.
