The Bush administration suggested it might require automakers to install antilock brakes on all vehicles, according to a Wall Street Journal story by Stephen Power. Industry representatives say that requiring antilock brakes alone could cost automakers more than $600 million; right now the feature is standard on many luxury and midprice models but costs consumers $300 to $600 as an option on other models. But the White House's top regulatory official said such a move could significantly reduce fatal crashes. John Graham, head of the Office of Management and Budget (OMB) office of information and regulatory affairs, said in written testimony presented to a House subcommittee Feb. 28 that requiring antilock brakes "is worthy of consideration." Graham cited insurance-industry research that indicates antilock brakes can reduce fatal crashes by as much as 9 percent over several years.
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