About 5 million. When they affect small business, they are likely to be a major rule. But we have that provided for in the Coverdell amendment of yesterday with the reg-flex, and I believe that solves that problem. What we do not want to do is get agency overload here so that those rules which are burdensome to small businesses would not then be able to get--you would not have time to get your petition done because the agency would be so overloaded with other rules. I suggest to my friend that going to $100 million is not going to be difficult for small business because you have already protected them under the Coverdell amendment, and they are likely to be $100 million rules if they have broad application to small business, in any event.
David Cay Johnston: “About 5 million. When they affect small business, they are likely to be a major rule. But we have that provided for in…”
Editor's note · Context
Discussing the impact of regulatory rules on small businesses during a floor debate.
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