WASHINGTON, DC -- Congressman Collin C. Peterson (DFL-7th District) this week will work to see that risk assessment and cost/benefit analysis legislation is passed by the U.S. House of Representatives. Today, he spoke on the House floor regarding the need for this legislation.
"Last week, the House passed H.R. 450, placing a temporary hold on government regulations until common sense risk assessment and cost/benefit analysis is passed and signed into law," Peterson said. "As the ranking member on the subcommittee that drafted the regulatory moratorium legislation, I believe that our current regulatory process has become unworkable. The current process is made up of senseless rules and regulations that cost us time and money, without producing a benefit.
"This week, we will consider and vote on H.R. 1022, a viable risk assessment bill, which is the first step toward the lifting of the moratorium. It is a common sense approach to risk assessment that is essential to tangible and effective regulatory reform."
H.R. 1022 would not only force federal agencies to use sound science and practical common sense, but it also requires government agencies to prioritize regulations, so that the most critical health and environmental risks are addressed first.
"The House took the first step toward achieving common sense regulatory reform last week when it passed H.R. 450. H.R. 1022 is the next critical step to more sensible and rational regulation."