Finally Takin’ the REINS
Washington D.C.—Today, Congressman Tom Marino (PA-10) applauded the passage of H.R. 427 - the Regulations from the Executive in Need of Scrutiny Act of 2015. The REINS Act reasserts Congress’ role in overseeing federal agencies that initiate, finalize and implement regulations with an economic impact of $100 million or more per year.
Congressman Marino’s Judiciary’s Subcommittee on Regulatory Reform considered the REINS Act in mid-April. Marino, also a cosponsor of the legislation, then testified in support of the legislation before the Committee on Rules yesterday.
Representative Marino issued the following statement regarding the bill’s passage:
“The past six years of this administration have been absolutely brutal for American businesses as well as household budgets. In fact, the federal government set a new record of imposing over $200 billion worth of new regulations.
This is what happens when bureaucrats are allowed to run their agencies without proper oversight and direction from elected representatives. Ultimately Congress is to blame. For decades we have ceded power and responsibility to agencies that inherently grow in size and make rules which, whether well-intentioned or not, ultimately hurt American prosperity.
Today, Congress has taken a step to take power back and restore accountability. The REINS Act forces congressional review. It puts a time limit on our procedures so we move quickly, providing greater certainty within our economy. I am proud to support this legislation. It is crucial for our economic vitality and loosens restrictions which stifle innovation and prevent job growth.”
The REINS Act passed the House of Representatives by a vote of 243-165.