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HR 9 $25 mil. cost/benefit analysis trigger "unreasonably low" -- House Science Cmte. report.

This article was originally published in The Rose Sheet

Executive Summary

HR 9 $25 MIL. COST/BENEFIT ANALYSIS TRIGGER IS "UNREASONABLY LOW," three Republican members of the House Science Committee asserted in "supplemental" majority views contained in a committee report on HR 9 published Feb. 15. Noting that the cost-benefit analyses called for in Title III of the "Job Creation and Wage Enhancement Act" (HR 9) require considerable time, data and expertise, Republicans Constance Morella (MD), Sherwood Boehlert (NY) and Vern Ehlers (MI) warned: "If these analyses are done poorly they are worse than useless, since the resulting `answers' have a spurious air of reliability that misleads the public and decision makers alike."
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