Byron Dorgan: “I say that my understanding of the Glenn-Chafee substitute is that it requires that the agency use a cost-effectiveness…”

“I say that my understanding of the Glenn-Chafee substitute is that it requires that the agency use a cost-effectiveness standard, and the cost effectiveness standard, in looking at which regulatory scheme or approach to use, is substantially different than what I believe your proposal would require, which is the least-cost standard. You might find a standard that is the least cost but is less appropriate than the most cost-effective standard. That is how I view the differences in these proposals.”