Cost-benefit analysis for all rules was introduced by which president to stem the tide of executive branch rule-making?
A)Ronald Reagan
B) Jimmy Carter
C) Bill Clinton
D) Richard Nixon
E) Lyndon Johnson

Question

Quizplus · Accepted Answer

Cost-benefit analysis for all rules was introduced by President Ronald Reagan in order to reduce excessive regulatory burdens and to improve the transparency and effectiveness of the rule-making process. This approach required federal agencies to conduct a comprehensive analysis of the costs and benefits of proposed regulations before they were implemented, with the goal of ensuring that the benefits of a rule outweigh the costs to society. This policy significantly altered the landscape of federal rule-making and has had a lasting impact on the regulatory process.

Cost-Benefit Analysis for All Rules Was Introduced by Which President