On the recordJuly 17, 1995
The definition in the bill says that ``if the nonquantifiable benefits to health, safety, or the environment identified by the agency,'' et cetera. The number of lives in my hypothetical is very, very precise and is quantified. Now, since the agencies are likely to read that cost-benefit analysis and they have said that the number of lives saved is quantified in my hypothetical, therefore, it would not be eligible for this exception. Again, for the life of me, I do not understand why the Senator from Louisiana in his bill insists on the word ``nonquantifiable benefit'' when the word ``benefits'' as defined generally, is both quantifiable and nonquantifiable, and where if, in fact, benefits are quantified, it would seem to me it would be essential we allow the same exemption as when they are nonquantified.
Source
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