Tools for Tracking the Economic Impact of Legislation

Laws passed by Congress impact the economy, but Congress has no systematic way to comprehensively track and assess the economic impact of legislative actions. This is especially difficult when laws empower federal agencies to regulate. While the current budget process scores and tracks the economic impact of spending and taxes, it does not account for the economic consequences of regulation.

The Mercatus Center at George Mason University invites you to join Dr. Jerry Ellig, Dr. Jason Fichtner, and Dr. Patrick McLaughlin for a Regulation University to discuss how the budget and regulatory process operate in isolation to each other, and reform options that could improve both systems.

This program will:

• Review the economic information that is important to a well-functioning budget and regulatory process;
• Examine how the current legislative, budget and regulatory processes prevent Congress from knowing the economic results of legislation and regulation; and
• Identify the elements that can improve Congress’s ability to define and oversee public policy priorities.

Space is limited. Please register online for this event.

This event is free and open to all congressional and federal agency staff. Lunch will be provided. Due to space constraints, this event is not open to interns. Questions? Please contact Caitlyn Van Orden at cvanorden@mercatus.gmu.edu.