House Endorses Deep Cutbacks In Regulations
The House of Representatives today completed its work on a series of antiregulatory measures, bundled them into a package with enormous implications for the current system of Federal environmental controls, and sent it to an uncertain fate in the Senate. The package, which passed on a vote of 277 to 141, would temporarily suspend most new regulations; subject proposed rules on health, safety and environmental protection to elaborate scientific reviews; override the health considerations in existing laws with economic calculations of regulatory costs and benefits; compensate private landowners when regulations reduce their property values, and generally honor the Republicans' promise to roll back Federal regulations, a centerpiece of their 1994 campaign manifesto, the Contract With America.