- Is there a large, systemic problem that is unlikely to resolve itself in the near future?
- Is [this] government [agency] in the best position to solve this problem?
- Does the regulation actually address the identified systemic problem?
- What other solutions are available?
- Would the proposed solution give rise to other significant problems?
- Would the preferred solution solve the problem at a reasonable cost?
- Will the agencies be able to recognize when the problem is actually solved and eliminate the regulation when it becomes obsolete?
7 questions government agencies should ask themselves before creating any new regulation
Veronique de Rugy has a good list over at NRO's The Corner.