HR 9 $25 MIL. COST/BENEFIT ANALYSIS TRIGGER "UNREASONABLY LOW" -- GOP DISSENT
This article was originally published in The Gray Sheet
Executive Summary
Requiring cost/benefit analysis for any regulation with an economic impact of $25 mil. or more as proposed in Title III of the "Job Creation and Wage Enhancement Act" (HR 9) would create an "unreasonably low" threshold given the provision's requirements for regulatory analysis, three Republican members of the House Science Committee assert in "supplemental" majority views contained in a Feb. 15 committee report on HR 9.