Chief Deputy Whip Peter Roskam (IL-06) issued the following statement after the House passed H.R. 10, the Regulations From the Executive in Need of Scrutiny (REINS) Act. Roskam and Majority Whip McCarthy co-authored an op-ed on National Review Online this morning discussing the REINS Act and House Republicans' work to help job creators. Read the op-ed here.
"The REINS Act is a bipartisan solution to solve much of the regulatory madness that's destroying jobs and blocking economic growth. Appropriate and responsible regulations are important, helping to keep us safe and our environment clean. Yet Washington has become a red-tape factory stunting job creation with a dizzying amount of federally imposed regulations written by unaccountable bureaucrats. The REINS Act would require congressional approval for regulations that cost $100 million annually -- 219 of which are currently proposed by the Administration -- disproportionally affecting small businesses. This would ensure that regulations that make sense become the law of the land, while those that would devastate job growth are shelved. On top of ensuring that unelected bureaucrats do not impose these behind a cloak of darkness, the REINS Act would also bring transparency and accountability to an all-too-secretive policymaking arena.
"This is the 26th House-passed jobs bill just sitting in the U.S. Senate, even though job creators tell Congress that regulatory relief is what our economy needs. It's time the Senate votes on the REINS Act and the 25 other House-passed bipartisan jobs bills that would immediately remove barriers to job creation."