Orrin Hatch: “This study found, after excluding those already smoking in eighth grade, that the effect of price on the probability of…”

“This study found, after excluding those already smoking in eighth grade, that the effect of price on the probability of starting to smoke by the 12th grade was essentially zero. The Congressional Budget Office made the following comment with respect to this study: "Findings should be troubling to those who look forward to a large increase in tobacco prices as a foolproof means of reducing rates of youth smoking. It is possible that existing studies showing high price elasticity among teens and young adults which use similar State level adjusters may have inadequately controlled the effect of the community environment." Is the Senator aware of that quote?”