Wednesday, March 6, 2013

Regulatory reform, Texas style

We might all be better off if the federal government adopted Texas' approach to regulatory reform:

In 1977, the Texas legislature passed the Texas Sunset Act which would forever improve state government.

This act, now codified in the Texas Government Code, mandates that every state agency be abolished by a specific date unless the legislature passes legislation to continue it. But the legislature cannot pass this legislation until it receives a recommendation from the “Sunset Advisory Commission.”

...

Through this process, the commission has abolished 78 state agencies and saved $945.4 million in a 29-year period. Since the Sunset Commission’s expenditures over this time period were just $32.8 million, every dollar spent on this program has yielded about $29 in return.

Senescence refreshes humanity, and it would do the same for government.

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