Sounds like a good idea. (Taken from the Goodlatte note) Last week, the House of Representatives passed the Regulations from the Executive in Need of Scrutiny (REINS) Act. The REINS Act, passed by the House Judiciary Committee earlier this year, requires federal agencies to submit major regulations costing over $100 million dollars to Congress for approval. The REINS Act is one of the most powerful measures we can adopt to put an end to regulation that imposes the Administration’s flawed policies on the American people. It achieves that result in the simplest and clearest of ways – by requiring an up-or-down vote by the people’s representatives in Congress before any new major regulation can be imposed on our economy. It makes sense that elected officials should make these decisions, not unelected bureaucrats. The REINS Act restores to Members of Congress, who are accountable to the American people, the responsibility for America’s costliest regulatory decisions. It provides Congress, and ultimately the people, with a much-needed tool to check the influx of regulations by the Obama Administration and Washington’s regulatory bureaucrats. The REINS Act does not prohibit new major regulation – it simply establishes the principle, “No major regulation without representation.” By cutting through the red tape squeezing our economy, the REINS Act will help curb government abuse and provide regulatory relief for American workers, households, and small businesses. This is the kind of policy that is critical to the growth and recovery that America needs.
Posted on: Sat, 10 Aug 2013 00:44:43 +0000
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