Fri, Nov 09, 2012
Bill Would Require Cost-Benefit Analysis Studies When Directed By OMB
The Airline Pilots Association (ALPA) has sent a letter to members of the Senate Homeland Security and Governmental Affairs Committee opposing the Independent Agency Regulatory Analysis Act of 2012, which is scheduled for consideration when Congress re-convenes. The legislation is expected to be "marked up" in committee in the near future.
The bill, S.3468, would require independent agencies to conduct cost benefit analyses at the direction of the White House Office of Management and Budget (OMB). In the letter, the union says through its Director of Government Affairs Michael Robbins that the bill "would result in the politicization of independent agencies specifically removed from the political influence of the White House."
Robbins says that the bill would weaken or circumvent provisions in Dodd-Frank "putting work by independent agencies to crack down on fuel speculators at risk." He says that fluctuations in the price of jet fuel caused by speculators have a significant impact on airlines' bottom line. He also points out that the bill would shift power for fiscal oversight from the Legislative body to the Executive branch.
Robbins said the effect of S.3468 would have on independent regulatory agencies would be to "introduce additional delays in ... rulemakings, making it harder for them to establish common sense standards and safeguards that work for the aviation industry, pilots, and all Americans."
AD NUMBER: 2013-25-01 PRODUCT: All DASSAULT AVIATION Model Falcon 10 airplanes.>[...]
Curtiss Jenny Restoration A blog following the restoration of a 1918 Curtiss JN4D Jenny. Once completed, the airplane will be flown and displayed at the Candler Field Museum in Wil>[...]
A horizontal, tail-shaped cloud (not a funnel cloud) at low levels extending from the precipitation cascade region of a supercell toward the wall cloud (i.e., it usually is observe>[...]
"Today's announcement signals that Louisiana is ready to further expand its presence and leadership in the aerospace industry, creating quality career opportunities for our people >[...]
Choose How YOU Want To View Your Aero News: Headlines And Teasers We're all pretty excited about the new website design here at ANN, but we HAVE heard from some of you that you lik>[...]