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Federal Agencies Told to Take Into Account Cumulative Costs of Regulations on Business

Bloomberg BNA (03/27/12) Cheryl Bolen; Stephen Lee

Cass Sunstein, administrator of the U.S. Office of Information and Regulatory Affairs, has issued a memorandum to all federal agencies asking them to be sensitive to the costs and cumulative impact regulations pose to businesses. The memo also asks agencies to identify opportunities to harmonize and streamline various rules. The memo asks agencies to pay special attention to small and start-up companies.