Obama Budget To Cut Back On Regulations

Posted by | January 28, 2015 13:06 | Filed under: Contributors Opinion Politics Stuart Shapiro Top Stories

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While everyone agrees that we need stringent standards for who gets to become a doctor or a lawyer, what about a manicurist?  Or a locksmith?  How about an upholsterer?  Many states have such licenses which largely mean that consumers need to pay more for these services.  The Obama Administration wants to cut back these unnecessary regulations:

The president’s budget, to be unveiled on Monday, will include $15 million for states to analyze the costs and benefits of their licensing rules, identify best practices and explore making licenses portable across state lines.

“We would like all states to ask whether licensing requirements meet a cost-benefit test,” said Betsey Stevenson of the president’s Council of Economic Advisers.

Jeffrey Zients, who heads the National Economic Council, added, “Ultimately, a worker that can do the job should be able to get the job.”

The budget will also include $500 million to develop industry-recognized credentials that community colleges could teach to and employers could use for hiring, potentially reducing the need for state-sanctioned licenses in the future.

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Copyright 2015 Liberaland
By: Stuart Shapiro

Stuart is a professor and the Director of the Public Policy
program at the Bloustein School of Planning and Public Policy at Rutgers
University. He teaches economics and cost-benefit analysis and studies
regulation in the United States at both the federal and state levels.
Prior to coming to Rutgers, Stuart worked for five years at the Office
of Management and Budget in Washington under Presidents Clinton and
George W. Bush.

2 responses to Obama Budget To Cut Back On Regulations

  1. Carla Akins January 28th, 2015 at 16:44

    I prefer our President when he remembers he’s Democrat.

  2. Carla Akins January 28th, 2015 at 17:44

    I prefer our President when he remembers he’s Democrat.

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