Congress Trying to “REIN” in Regulations

Republicans in the House of Representatives have tried for six years to advance a bill requiring Congressional approval for any new administrative rule projected to cost the economy more than $100 million annually.  That same legislation failed three times in the Senate.  Indiana Republican Todd Young is the newest Senate member to get behind the idea.  He authored a bill as a member of the House before winning a Senate seat in the recent election.

Pro Farmer’s First Thing Today says the Regulations from the Executive in Need of Scrutiny Act, also known as the REINS Act passed the House last week on a 237-187 vote.

One amendment to the bill would require agencies to repeal existing rules to offset any expected costs of new rules.  Senator Rand Paul joined 23 other Senators in introducing a similar bill in the Senate, but Democrats are expected to block the bill there.

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