The Office of Risk Assessment and Cost-Benefit Analysis (ORACBA) was established by the Federal Crop Insurance Reform and Department of Agriculture Reorganization Act of 1994 (P.L. 103-354, H.R.4271, Section 304). ORACBA began operation on April 15, 1995, in USDA's Office of the Chief Economist.
The Office of Risk Assessment and Cost-Benefit Analysis's (ORACBA) primary role is to ensure that major regulations proposed by USDA are based on sound scientific and economic analysis.
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