U.S. House Votes Today on REINing Regs In

The United States House of Representatives will be voting today on the House floor for the "Regulations From the Executive in Need of Scrutiny Act of 2011" or REINs Act, H.R. 10. The low bill number, #10, shows the significance that the Republican leadership in the House of Representatives places on reducing regulations coming out of the federal government in Washington D.C.
 
Representative Geoff Davis' bill, H.R.10, has 204 co-sponsors.  Senator Rand Paul  --  like Davis a Republican from Kentucky  --  has introduced the same legislation in the United States Senate.  Senator Paul's REINs Act, S.299, has 31 co-sponsors.
 
A recent Small Business Administration report showed that the cost of federal regulations to the American taxpayer is a whopping 1.75 TRILLION dollars.  What that amounts to for small businesses  --  with fewer than 20 employees  --  is a cost of $10,585 for each and every employee.  Under Barack Obama's regime of crushing regulations, small businesses just cannot create new jobs. 
 
House Majority Whip Kevin McCarthy and Chief Deputy Whip Peter Roskam said this in a column in the "National Review":  "Washington needs to be removing barriers to small-business job creation, not adding more roadblocks to recovery. This is why House Republicans devoted much of the fall legislative calendar to regulations. Today’s REINS Act will be the 15th specific House-passed regulatory-relief bill. Not one has been voted on by the U.S. Senate, even though job creators tell Congress that Washington regulations are destroying their businesses and in turn their employees’ careers. It’s long past time that the Senate votes on these bipartisan bills that would immediately remove barriers to job creation. It’s what American job creators need."
 
Directly below is a short summary of Congressman Geoff Davis' and Senator Rand Paul's REINs Act of 2011 and the "National Review" column written by House Majority Whip Kevin McCarthy, R-CA and Chief Deputy Whip Peter Roskam, R-IL:
 
H.R.10 
Latest Title: Regulations From the Executive in Need of Scrutiny Act of 2011 
Sponsor: Rep Davis, Geoff [KY-4] (introduced 1/20/2011)      Cosponsors (204) 
Related Bills: H.RES.479S.299S.1786 
Latest Major Action: 12/6/2011 Rule H. Res. 479 passed House. 
House Reports:  112-278 Part 1, 112-278 Part 2 

 
 S.299
Latest Title: Regulations From the Executive in Need of Scrutiny  Act of 2011 
Sponsor: Sen Paul, Rand [KY] (introduced 2/7/2011)      Cosponsors (31) 
Related Bills: H.R.10S.1720S.1786 
Latest Major Action: 7/20/2011 Senate committee/subcommittee actions. Status: Committee on Homeland Security and Governmental Affairs. Hearings held.



“Please don’t challenge us with more rules and regulations from Washington.” That was the plea to President Obama from Rock Katschnig, an Atkinson, Ill.-based soybean farmer and small-businessman at an August town-hall meeting.

While Mr. Katschnig was specifically referencing his opposition to the Administration’s imposed Farm Dust rule, a rule that if implemented would affect America’s 1.8 million farmers, his sentiments have become an all too common refrain from American businesses of all sizes across countless sectors.

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 with little or no regard for the jobs each will cost.

The sheer amount and breadth of the administration’s proposed regulations make it impossible to address each and every one. Yet we can take action to stop the most excessive and economically-devastating regulations. Right now, the Obama Administration has 4,257 new regulations in the works, 219 of which will cost over $100 million annually – 15 percent more than last year. At a time when job creators are fighting to survive in an already tough economy, thousands of additional regulations will only result in significantly fewer jobs – hitting small businesses particularly hard.

Fortunately there is a bipartisan solution to this regulatory madness. Later today, the House will vote on commonsense legislation requiring congressional approval for regulations that cost businesses over $100 million annually.

The REINS Act (Regulations from the Executive in Need of Scrutiny) 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.

All this fall, congressional Republicans have listened to job creators about the crushing effects of Washington regulations: as guests of Speaker Boehner during September’s joint session, in meetings with members, and in countless other venues at home and in Congress.

Spencer Weitman, a job creator from Alabama’s cement industry who attended President Obama’s joint-session address, told CNBC moments after the speech: “We were going to create jobs. We were going to have construction projects.” This was in reference to the devastating effects of the administration’s cement MACT rule, just one of the 219 regulations with a greater-than-$100 million effect on the economy.

Jeff Rose, of Vantage Data Centers, a California-based wholesale data-center provider, had this message for Washington on a recent visit: “In our experience it’s getting worse.” His colleague, Jennifer Fraser, explained how regulations can hinder their ability to deliver their product: “Part of our niche is speed to market . . . and the restrictions from a permitting perspective can put a project back nine months, ten months, 15 months.”

Even more disturbing, the 219 regulations that could each cost the economy over $100 million would have a disproportionate impact on small businesses. A recent Small Business Administration study showed the total cost to employers of federal regulations is $1.75 trillion. For businesses with fewer than 20 employees, the per-employee cost was $10,585 — 36 percent higher than larger businesses. Washington needs to be removing barriers to small-business job creation, not adding more roadblocks to recovery.

This is why House Republicans devoted much of the fall legislative calendar to regulations. Today’s REINS Act will be the 15th specific House-passed regulatory-relief bill. Not one has been voted on by the U.S. Senate, even though job creators tell Congress that Washington regulations are destroying their businesses and in turn their employees’ careers. It’s long past time that the Senate votes on these bipartisan bills that would immediately remove barriers to job creation. It’s what American job creators need.

Rep. Kevin McCarthy (Calif.) is House majority whip and Rep. Peter Roskam (Ill.) is chief deputy whip.