Abstract
House Republicans have scored another victory in their blitzkrieg on federal regulations, overwhelmingly passing last week their risk assessment and cost-benefit bill. This triumph comes on the heels of House approval of a one-year moratorium on most new regulations. These two bills—and another on property rights or takings being debated at press time—are part of the House Republicans' Contract With America. After sometimes raucous debate, the risk assessment bill was approved 286 to 141, with 60 Democrats joining the majority. The bill ultimately would force regulators to put more emphasis on costs to the economy than on health protection when issuing regulations. This shift in regulatory philosophy—especially in the environmental arena where most laws mandate health-based standards—is strongly supported by industry. Environmental groups and the Clinton Administration just as vigorously reject it. The fate of similar measures in the Senate is unclear. The House bill requires rigorous assessment of ho...
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