Help Stop The High Cost of Federal Regulations
One of the reasons that our economic recovery has been so slow is that the Obama administration has opened a continuous avalanche of regulations affecting jobs, hampering businesses, and costing all of us billions in lost revenue, taxation, and waste. But there is a bill in the House called the REINS Act that could help tamp down this avalanche, save us all money, help bring back the creation of jobs that aren’t being created now.
The full name of the act is the Regulations from the Executive in Need of Scrutiny Act and that is a pretty straight forward name for the legislation as its premise is that regulatory agencies are so out of control and the costs they impose on the people have become so onerous that Congress has to step in and place limits on this untrammeled power. (H.R. 10 and the Senate’s similar bill S. 299)
The bill was introduced two years ago by Kentucky Representative Geoff Davis (R) who got the idea from a constituent who confronted the Representative on the costs of regulation. Davis’ bill would require an up or down vote by Congress and the President’s signature on all regulations that will cost Americans $100 million or more to implement.
As Davis’ REINS Act website explains:
For too long, Congress has delegated much of its constitutional authority to Executive Agencies. This has allowed Executive Branch agencies to implement rules that are sometimes ineffective, redundant, time consuming, costly, and even counterproductive. In addition, it has allowed previous Congresses to limit their accountability for such rules by front-loading the benefits of legislation and back-loading the costs.
The REINS Act would restore congressional responsibility and accountability in the regulatory process so that the elected representatives of the people can be held accountable. This will ensure that new major rules serve their intended purpose and do not place unnecessary burdens on the job-creating businesses that our economy needs to grow.
This is actually a sort of cause for me, that Congress has given away its powers to everyone but other Congressmen! Congress has allowed its powers to be slowly chipped away by allowing the the courts to take power and the president to take power away from it. It’s time Congress reasserted its rights.
This is a good start for Congress to reassert its authority. Call your congressman and tell him to support the REINS Act now.
For more information, the Heritage Foundation has a webpage on the REINS Act.
1) Our own government chides those of us who pay taxes for being greedy because we don’t want to give the politicians even more of our money to do things...Read More
Warner Todd Huston
Warner Todd Huston is a Chicago-based freelance writer, has been writing opinion editorials and social criticism since early 2001 and is featured on many websites such as Andrew Breitbart's BigGovernment.com, BigJournalsim.com and all Breitbart News' other sites, RightWingNews.com, CanadaFreePress.com, and many, many others. Additionally, he has been a frequent guest on talk-radio programs across the country to discuss his opinion editorials and current events as well as appearing on TV networks such as CNN, Fox News, Fox Business Network, and various Chicago-based news programs. He has also written for several history magazines and appears in the book "Americans on Politics, Policy and Pop Culture" which can be purchased on amazon.com. He is also the owner and operator of PubliusForum.com. Feel free to contact him with any comments or questions : EMAIL Warner Todd Huston and follow him on Twitter, on Google Plus , and Facebook.
Foster Friess wrote a column on “what the mega-rich do for America.” It’s a good read and a good perspective,
I’m not really sure who this Dylan Ratigan is and I suspect that maybe 3 people – tops – watch
Let’s see, what else could our government do to make it difficult to run a profitable business in this country?