On the recordFebruary 28, 2014
I want to make a few brief comments. I yield myself as much time as I may consume. Mr. Chairman, I wanted to have the opportunity to be able to just dialogue a little bit about some of the things we just heard about, things like judicial review. It is a belief of many people on this side of the aisle and the other side of the aisle that agencies are not infallible. They do make mistakes at times, and there are times that an agency will make an estimate on a cost, and it is, let's say, $90 million, just under the $100 million threshold. And someone wants to challenge it and says, how did you do the math on that that you ended up just under the major rule threshold? There is a reason to be able to go back and evaluate some of these things and to have the opportunity to go through a judicial review so in a moment of judicial review there can be a conversation to say, let's check the math before these decisions are made to be able to evaluate, because there has been a large increase in major rules. And while I understand that around election time there was a slowdown of regulations that came up, if you look at the first 5 years of this administration, of their 13,000 rules that were promulgated, 330 of them are classified as major rules--330 of those, major rules--defined as having an estimated annual economic impact of $100 million or more. It is a very serious issue to be able to put that many new rules with that large of an impact. It does have a change.…





