The Regulatory Budget Revisited

26 Pages Posted: 9 May 2015

Date Written: September 2014


This Article presents a review and reappraisal of the concept of regulatory budgeting in light of recent trends in regulation — both in the United States and abroad. Part I outlines the academic literature and other commentary on the purpose and design of a regulatory budget. Part II describes Legislative and Executive Branch activity on this issue over the past thirty-five years. Part III describes the United Kingdom’s recent experience with a new regulatory constraint — the “One-in, Two-out” policy — that operates much like an incremental regulatory budget.

Suggested Citation

Rosen, Jeffrey and Callanan, Brian, The Regulatory Budget Revisited (September 2014). Administrative Law Review, Vol. 66:4, Available at SSRN:

Jeffrey Rosen (Contact Author)

Kirkland & Ellis ( email )

200 East Randolph Drive
Chicago, IL 60601
United States

Brian Callanan

King & Spalding

United States

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