Book Description

Excerpt from S. 219 Regulatory Transition Act of 1995: Hearing Before the Committee on Governmental Affairs United States Senate One Hundred Fourth Congress First Session on S. 219 The Committee met, pursuant to notice, at 10:04 a.m., in room SD-342, Dirksen Senate Office Building, Hon. William V. Roth, Jr., Chairman of the Committee, presiding. Present: Senators Roth, Glenn, Levin, and Lieberman. Opening Statement Of Chairman Roth Chairman Roth. The Committee will please be in order. Today, at the request of the minority, we are holding a hearing on S. 219, the Regulatory Transition Act of 1995. Senator Nickles, the prime sponsor of S. 219, has modified the bill to address some of the concerns raised about it and the House counterpart, H.R. 450. Major modifications include limiting the scope of the legislation to significant rules, as defined in the Presidents Executive Order 12866, as well as increasing the Presidents authority to make exceptions to the moratorium and providing some limitation on judicial review. I want to express my appreciation to the witnesses for making themselves available today, and I would ask that each witness limit his or her oral testimony to 7 minutes. The written statement of each witness will be included in the record, and the warning light will go on when one minute remains. Senator Glenn? Opening Statement Of Senator Glenn Senator Glenn. Thank you very much, Mr. Chairman. As you have indicated, we did request this hearing. We were going to markup without what I thought was adequate hearing, and I appreciate very much your calling this hearing this morning, because I think this regulatory moratorium legislation has very significant consequences for the Federal Government and for the American people. At our first regulatory reform hearing, on February 7, I expressed sympathy for many of the reform goals mentioned by Senator Nickles, the sponsor of S. 219. Federal regulations are often promulgated with inadequate attention to their costs, and too few appear ever to be reviewed once they have been implemented. As it came out at our hearing that day, much of the fault lies right here in Congress in the laws we pass and some of the statutory requirements we put on. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.