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The REINS Act (HR10/S299) is up for debate in the House today and in the Senate next week. Sponsored by Representative Geoff Davis (R-KY) and Senator Rand Paul (RLC-KY), this act would require federal agencies to submit any regulation which would have an annual impact of $100 million or more for a vote of approval by Congress.
The REINS Act would have a big impact in limiting the power of Federal bureaucracies like the EPA and Department of Energy by stopping them from using rules and regulations which have not been passed by Congress to interfere with commerce and impose huge costs and economic burdens on states and businesses.
Right now the bureaucrats are effectively legislating outside of the authority of the Constitution and setting policy and incurring huge costs with no oversight by the branch of government which is supposed to do the job. We need to return control over regulation and policy to representatives who we elect and can vote out of office. The REINS Act does not end the legitimate regulatory role of the federal government, it just restores necessary oversight and accountability
While we believe that the threshold of harm set in the act is probably too high, this is a good start towards limiting the power of the Federal bureaucracy and stimulating job growth and the economy at no cost and a likely substantial benefit to taxpayers.
Please take a moment to email your Representative and Senators today and urge them to vote in support of the REINS Act.