Are there Bibles in the pews? No. Are there Missalettes that contain the appropriate Biblical readings for the church year? Yes. Catholic priests give homilies, not sermons. There is a difference. A sermon by a Protestant preacher can address any subject he so desires. A homily must specifically address the readings specified for that particular day. The Catholic Church reads through the entire Bible on a three-year cycle. On Sundays, this usually includes an Old Testament reading, a Psalm, a New Testament reading, and a Gospel reading. (Usually the more important sections) There will be similar readings during the daily masses. Thus, if you went to church every day, you would hear read aloud the entire text of the Bible. (All throughout the Middle Ages, this was the ONLY way you could learn about the Bible, as almost no one could read, let alone afford one themselves.)
So yes, we do emphasise Biblical reading. However, unlike Protestants, we (and the Orthodox Church, I might add) take a consensus view toward interpreting the Bible, one which is taught from the pulpit. We are encouraged to read the Bible and learn more. There is far less room for individual interpretation, however.