Capitol Hill is inching closer to passing landmark regulatory reform that will help encourage investment and create jobs.
The REINS Act would require that Congress review and approve any new regulation expected to cost more than $100 million. In 2010 alone, despite the weak economy, the Obama administration issued 3,752 new rules — and 224 of them cost more than $100 million. The REINS Act would go a long way toward stemming the tide of costly and regressive regulatory policies coming from Washington. Read More»