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The REINS Act

Discussion in 'Political Debate & Discussion' started by Revmitchell, Jan 24, 2013.

  1. Revmitchell

    Revmitchell Well-Known Member
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    Yesterday, I joined many of my House colleagues in introducing the REINS Act, which seeks to provide relief to our economy by requiring Congressional approval of major regulations. When a federal agency makes a rule that will have an economic impact of $100 million or more, thereby making it harder to hire out-of-work Americans or give current employees a pay raise, that rule must be approved by both chambers of Congress before being signed into law by the president.

    During the past four years, an avalanche of regulations has smothered America’s job creators, deterring businesses from hiring out-of-work Americans and crushing our economic recovery. In 2011 alone, agencies issued more than 81,000 pages of regulations, filling more than 162 reams of paper – or a pile of paper 27 feet tall. According to the Competitive Enterprise Institute, the annual cost of regulations to small businesses is estimated at over $10,000 per employee. Reining in costly new regulations will go a long way toward speeding up job creation in our Central Florida.


    Congressman Daniel Webster
     
  2. OldRegular

    OldRegular Well-Known Member

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    The Federal Bureaucracy is essentially running the country, much like the old Soviet Union. Left unchecked they will dominate more and more.
     
  3. mont974x4

    mont974x4 New Member

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    I am glad to see people step up and try to stop the blood letting, but I'm afraid its too late.
     
  4. OldRegular

    OldRegular Well-Known Member

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    If the House is unable to restrain Obama and there is not an about face in 2016 the country is gone. I don't believe the country could survive as a European socialist state. It would fall apart. States would secede and there would likely be another civil war or revolution, depending!
     
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