Senator Olympia Snowe (R-ME) offered this amendment to S. 782, the Economic Development Revitalization Act of 2011, which would have severely undermined the regulatory process.  This amendment would create several unnecessary new processes to complicate economic analyses of proposed rules and to ensure interagency consultation that is already conducted by the Office of Management and Budget.  It would also require a lengthy periodic review process for rules at select agencies, including the EPA, and impose mandatory budget cuts if reviews are not conducted or are incomplete.  Furthermore, this biased review process would look at rules' costs but not their benefits--including the environmental, health, food safety and other important benefits--which numerous third party analyses have found far outweigh their costs.  On June 9, the Senate--in a 53-46 vote--failed to achieve the 60-vote threshold needed to pass the Snowe amendment (Senate roll call vote 87).  NO IS THE PRO-ENVIRONMENT VOTE.  The House passed several bills that would severely undermine the regulatory process and jeopardize vital public protections (House roll call votes 880, 888, and 901); however, no such proposals have made it to the President's desk.