The REINS Act: Finally, Regulation Accountability

Congressman Geoff Davis (R-KY) and Senator Rand Paul (R-KY) have proposed legislation that would force all members of Congress to vote “yes” or “no” on any major regulations that would affect job-creators and the economy.

The Regulations from the Executive in Need of Scrutiny (REINS) Act would ensure that all Congressmen are held accountable for every regulation that gets implemented and passed onto the American people. Currently, legislation passes, and Congress takes credit for the vague language, then the regulators write the rules and Congress can sit back and pretend it wasn’t their fault. According to James Gattuso of The Heritage Foundation:

“The REINS Act would end this game by requiring every major rule, defined as those with an economic effect of $100 million or more a year, to be specifically approved by both the House and Senate to take effect. And the president would have to sign the measure. Any defeat along the way: The rule goes down.

“By forcing a vote on each new rule, members face greater accountability back home for the resulting policy. And it eliminates the president’s ability to insulate his administration’s rules from challenge.”

The challenge comes from those who want to keep the shell game going. They believe that reviewing all these rules would be too burdensome for Congress. Really? What about the businesses and people that these regulations affect? It is certainly a burden for them;, maybe it should be a burden on Congress as well.

Critics also say this will keep regulators’ “expert” judgment out of the decision making. Because in no way are these regulators partisan. You know, the EPA doesn’t have an agenda or anything.

Congressmen are accountable to their constituents. If those constituents get a new regulation imposed on them that is unfavorable, that Congressman needs to be held accountable. It will make them take regulations into consideration when passing bills. Again, from Mr. Gattuso:

“Requiring congressional approval of new rules wouldn’t be the impenetrable roadblock that opponents claim. Nor is it the panacea for excessive regulation that some proponents hope for.

“Increasing Congress’s role in, and accountability for, regulatory policy making is a commonsense step forward.” For an economy in desperate need of jobs and innovation, this legislation is welcomed. Any guesses where President Obama stands?

For an economy in desperate need of jobs and innovation, this legislation is welcomed.  Any guesses where President Obama stands?

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