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The regulatory system needs a mechanism to address the need for periodic review of outdated or burdensome existing regulations. We propose a Regulatory Improvement Commission (RIC), an independent body analogous to the BRAC Commissions for evaluating military base closures. This is designed to build on the president’s executive order, and in the process improve its effectiveness. The RIC will take a principled approach to evaluating and pruning existing regulations, gather input from all stakeholders (not just business or just agencies),and do so in a manner that ensures we protect public health, safety, and the environment.