Congressional Budget Office: GOP coal bill would cost $97M
If only the GOP was so concerned about the health of the people and the environment...
The Hill
CBO: GOP coal bill would cost $97M
By Timothy Cama - 09/25/14 03:09 PM EDT
A Republican-backed bill aimed at protecting the coal industry by restricting the Environmental Protection Agencys (EPA) permitting ability for water pollution would cost the government $97 million, the Congressional Budget Office (CBO) said.
The cost over the next five years would come because the bill would also require the EPA to write new analyses and hold additional public hearings, the budget agency predicted.
The provision in H.R. 5077 requiring additional analyses related to employment and economic activity prior to issuing guidance and regulations would increase EPAs costs, the office wrote in a Thursday report.
The bill would add about $2 million to cost of each of the 10 relevant pollution reviews the EPA completes per year....
MORE at http://thehill.com/policy/energy-environment/218927-cbo-gop-coal-bill-would-cost-97m