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FOR IMMEDIATE RELEASE

PRESS CONTACT: Steven Chlapecka - schlapecka@ppionline.org, T: 202.525.3931

NEW PPI REPORT: HOW THE PRESIDENT AND CONGRESS SHOULD TRIM REGULATORY RED TAPE

Reviving Jobs and Innovation: A Progressive Approach to Improving Regulation WASHINGTON, D.C. - Feb. 3, 2011 - The president has asked agencies to review ineffective and outdated regulations, but he’s going about it the wrong way. Instead of asking the agencies to review their own regulations, he should work with Congress to create an independent Regulatory Improvement Commission, based on the Defense Base Closure and Realignment (BRAC) Commission.

In “Reviving Jobs and Innovation: A Progressive Approach to Improving Regulation," a new Progressive Policy Institute report released today, senior fellow Michael Mandel explains why only an independent commission is capable of effectively trimming the red tape, and how such a commission would work.

“The RIC will take a principled approach to evaluating and pruning existing regulations, gather input from all stakeholders (not just business or just agencies),” writes Mandel, “and do so in a manner that ensures we protect public health, safety, and the environment.”

The Regulatory Improvement Commission should charged with:

Identifying existing regulations that are impeding growth and innovation

Developing a politically feasible process for implementing targeted regulatory improvements, without compromising essential protections

To access the full memo, visit:http://bit.ly/i91Q2X

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The Progressive Policy Institute (PPI) is an independent research institution founded in 1989 that seeks to define and promote a new progressive politics in the 21st century. Through research, policy analysis and dialogue, PPI challenges the status quo and advocates for radical policy solutions.

For additional information, web users may access the Progressive Policy Institute at www.progressivefix.com, or contact PPI's press office at 202.525.3931.


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