Roe Supports the REINS Act
Washington, D.C. – Rep. Phil Roe, M.D. (R-TN) released the following statement on H.R. 367, the Regulations from the Executive in Need of Scrutiny (REINS) Act, which passed the House today by a vote of 232 to 183:
“For far too long Washington has stood in the way of private-sector job creation. The Obama Administration continues to make rules that harm, not help, our already struggling economy. This straightforward bill would remedy that by requiring Congress to vote on any new rule with an annual economic impact of $100 million or more in a timely fashion. Changes this drastic, with such a large impact on the economy, should be decided through legislation, not regulation. I am proud to support the REINS Act and I encourage my colleagues in the Senate to help stop the red tape that is harming job creation.”
Background: The REINS Act requires Congress to take an up-or-down, stand-alone vote within 70 legislative days on all new rules with an annual economic impact of $100 million or more before they can be enforced on the American people, job creators, or state and local governments. Last year alone, federal regulations imposed an estimated burden of $1.8 trillion on America’s job creators.This bill is supported by the U.S. Chamber of Commerce, Americans for Limited Government, the National Taxpayers Union, Americans for Prosperity and many other consumer advocate groups. More information on the REINS Act can be found here.