[Congressional Record Volume 141, Number 37 (Tuesday, February 28, 1995)]
[House]
[Pages H2310-H2311]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SUPPORT RISK ASSESSMENT AND COST-BENEFIT ACT
The SPEAKER pro tempore. Under the Speaker's announced policy of
January 4, 1995, the gentleman from Georgia [Mr. Norwood] is recognized
during morning business for 5 minutes.
Mr. NORWOOD. Mr. Speaker, I rise today in support of H.R. 1022, the
Risk Assessment and Cost-Benefit Act. This [[Page H2311]] legislation
is necessary because of the immense cost piled onto the American
economy by Federal bureaucrats. This bill establishes requirements for
regulators to use risk assessment and cost-benefit analysis in creating
the rules we live under. It requires development of peer review for
regulations. It subjects decisions of agencies to judicial review. It
requires the President to set regulatory priorities. It is a necessary
step that we must take to free the American economy from burdensome
regulations, but we have the opportunity to do better * * * to give
small business the power to fight the bureaucrats on their own.
Mr. Speaker, this legislation will do the most for the small
businesses that can afford new regulations the least. H.R. 1022
would help small business by allowing these companies to direct their
scarce resources toward achieving the maximum environmental cleanup for
the least cost. Small businesses are often more severely impacted by
costly regulation than large businesses because the cost to comply with
these regulations represents a larger percentage of the small
business's operating expenses and profits. If a Federal agency is
required to perform a risk analysis on regulations that impacts small
business, small business is likely to be better able to afford to
comply with the resulting rule. H.R. 1022 will result in fewer small
business being financially bankrupted because of excessively expensive
regulations.
The wood preserving industry, which is very important to my district,
is made up mainly of small businesses. This industry could have been
devastated in 1991 when the Environmental Protection Agency issued a
hazardous waste listings regulation, under the Resource Conservation
and Recovery Act. The tools of risk assessment and cost-benefit
analysis were not applied in this act. The budget for the 1992 fiscal
year stated that this RCRA regulation would have cost the wood
preserving industry $5.7 trillion per premature death averted. This
huge monetary amount would prevent one cancer case every 2.9 million
years. That's one death every 2.9 million years. The regulation's
costs, as noted in the 1992 budget, were so outrageous that the wood
preserving industry was able to gain congressional support for a
request that EPA work with the industry to craft a more cost-effective
regulation. The negotiations resulted in a cost-effective regulation
that was protective of human health and the environment. The wood
preserving industry, with its' heavy small business component, was able
to stay alive and facilities were able to comply with the regulation.
Mr. Speaker, we cannot expect every industry to be able to rally
support to save themselves from such bureaucratic nightmares. Mr.
Speaker we should not expect every industry to be able to rally support
to save themselves from such bureaucratic nightmares. We must give them
the power to take on Federal regulators head on. We can do that if we
approve the Barton amendment later today. The Barton amendment would
give the average citizen the right to challenge Federal regulations
themselves. It would force bureaucrats to review existing rules for
their cost-benefit. Mr. Speaker, industries should not have to come to
us to save them from overzealous bureaucrats. By passing the Barton
amendment, we give individual American citizens the power to fight for
themselves.
The main principle of our regulatory reform system must be common
sense. The Risk Assessment and Cost-Benefit Act will force Federal
bureaucrats to focus their regulatory efforts on what will benefit
Americans the most. It will prevent Federal bureaucrats from forcing
industries to spend millions, even billions of dollars without proving
the responsibility of that action. It will force Federal bureaucrats to
give cost-effective solutions the same consideration and the same
weight as the extravagant ideal solutions they pursue today. This we
must do. But, Mr. Speaker, I also hope my colleagues will realize that
this is but a first step. We must also give our citizens the power to
fight the bureaucrats themselves. I urge my colleagues to vote ``yes''
on the Barton Amendment and empower individual Americans.
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