{"id":12305,"date":"2011-12-07T18:41:10","date_gmt":"2011-12-07T23:41:10","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=12305"},"modified":"2011-12-07T18:41:10","modified_gmt":"2011-12-07T23:41:10","slug":"house-passes-reins-act-senate-likely-to-dither","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/12305\/house-passes-reins-act-senate-likely-to-dither\/","title":{"rendered":"House Passes REINS Act, Senate Likely to Dither"},"content":{"rendered":"<p>Huzzah to the 241 members of the House of Representatives who, in a thinly bipartisan vote today (4 Democrats voted in favor), passed H.R. 10, better known as the <a href=\"http:\/\/thehill.com\/blogs\/floor-action\/house\/197945-house-approves-mother-of-all-anti-regulatory-bills\" target=\"_blank\">Regulations from the Executive In Need of Scrutiny (REINS) Act<\/a>.\u00a0 As the acronym indicates, the bill wants to limit President Barack Obama\u2019s ability to impose job-killing regulations on the economy.<\/p>\n<p>How does the REINS Act purport to do its job?\u00a0 If passed by the Senate and signed by the President then every new federal agency regulation inflicting at least $100 million in economic costs would be <a href=\"http:\/\/www.nationalreview.com\/articles\/285079\/reining-feds-sen-marco-rubio\" target=\"_blank\">subject to an up-or-down vote by both houses of Congress<\/a>.\u00a0 ($100 million is the threshold for \u201cmajor\u201d regulations these days.)\u00a0 When those bills fails \u2013 which they almost certainly will unless they are inextricably intertwined with a national security issue \u2013 the bureaucrats who dream up these obstacles to economic growth will have to go back to the drawing board and divine a less expensive way to grow the federal government.<\/p>\n<p>Characteristically, the Democrats running the Senate and the one occupying the White House have promised to do nothing to help pass this bill.\u00a0 (The President even threatened to veto it should enough Senate Dems have the temerity to save their states\u2019 small business owners from the paperwork onslaught thanks to <a href=\"http:\/\/www.nationalreview.com\/corner\/285123\/reining-regs-kevin-mccarthy\" target=\"_blank\">219 new regulations poised to add thousands of dollars per worker in compliance costs<\/a>.)<\/p>\n<p>Today, fiscal conservatives can cheer passage of a real \u201cjob creation\u201d bill thanks to the conservative plurality in the House of Representatives.\u00a0 Next year, it will critically important to elect more of these to the Senate \u2013 and hopefully the presidency \u2013 so that America can get back to work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Huzzah to the 241 members of the House of Representatives who, in a thinly bipartisan vote today (4 Democrats voted in favor), passed H.R. 10, better known as the Regulations from the Executive In Need of Scrutiny (REINS) Act.\u00a0 As the acronym indicates, the bill wants to limit President Barack Obama\u2019s ability to impose job-killing [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[143,928,56,185,300,3042,1784,2922,38],"class_list":["post-12305","post","type-post","status-publish","format-standard","hentry","category-posts","tag-barack-obama","tag-conservative","tag-government","tag-house-of-representatives","tag-regulation","tag-reins-act","tag-republican","tag-rules","tag-senate"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/12305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=12305"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/12305\/revisions"}],"predecessor-version":[{"id":12309,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/12305\/revisions\/12309"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=12305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=12305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=12305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}