Roby: REINS Act a Significant Step toward Accountability, Job Creation
U.S. Representative Martha Roby made the following comments regarding House passage of the Regulations from the Executive in Need of Scrutiny (REINS) Act, a bill to require Congressional approval of major regulations proposed by the Executive Branch. Roby is a co-sponsor of the legislation.
“The Obama Administration has demonstrated a willingness to use the power of federal agencies to circumvent Congress and advance its agenda through the regulatory process. In doing so, the Administration puts unelected, unaccountable bureaucrats in a position to impose controversial regulations on the American people. Experts estimate that business owners—the people who are in the best position to create new jobs and spur economic growth— face an annual regulatory burden of $1.75 trillion, and that the cost of new regulations this year will exceed $67 billion.
“Throughout our area, I hear from job creators that understandably feel threatened that every new day could bring a new regulation that tilts the playing field or changes the rules in the middle of the game. Every dollar spent to comply with these federal regulations is a dollar not spent on new research, a new product, or a new productive employee.
“To truly get our economy back on track and create new jobs, we need to remove this uncertainty by cutting wasteful Washington spending, paying down our debt, and stemming the tide of burdensome federal regulations.
“The REINS Act is a significant step in that direction, and its passage in the House is good news for job creators in our area. Under the legislation, Congress—elected by the people and directly accountable to the voter—would be required to approve any major regulation proposed by the Executive Branch. The REINS Act is consistent with our larger goal of restoring honesty, transparency, and accountability back to government, and, if enacted, would significantly curtail the flow of new regulations, promote confidence in the market, and help create an atmosphere ripe for job creation.”
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