The REINS Act Will Protect Americans from the Biden Bureaucracy’s Unchecked Executive Spending
- BY FGA
The Foundation for Government Accountability Praises the House Judiciary Committee for Moving the REINS Act One Step Closer to Becoming Law
Naples, FL – Yesterday, the House Judiciary Committee chaired by Rep. Jim Jordan (R-OH) marked up the Regulations from the Executive in Need of Scrutiny (REINS) Act (H.R. 277). Introduced by Rep. Kat Cammack (R-FL), the REINS Act requires congressional approval of any rule or regulation with an economic impact greater than $100 million annually before it can be implemented.
The REINS Act has more than 200 cosponsors in the House and Senate (S.184), making it one of the most popular bills in Washington, D.C., and a powerful tool to control both spending and regulation from the Biden administration—including three rules costing taxpayers $1.5 trillion. It was reported favorably out of the Judiciary Committee by a vote of 13-5, taking the measure one step closer to the House floor.
“During the committee meetings, several members made reference to the nameless, faceless bureaucrats making life more expensive and more difficult for citizens and small businesses across America,” said Robin Walker, senior federal affairs director for the Foundation for Government Accountability (FGA). “The REINS Act is a powerful tool for Congress to reclaim the power of the purse and address the biggest spenders in Washington, D.C.: the unaccountable bureaucrats spending more than $1 trillion outside of the budget process and without congressional approval.”
Since 2021, the Biden administration has pushed through more economically significant, job-killing regulations than any other modern president—and the price tag keeps rising. This regulatory environment, is the “silent killer” of the American Dream.
“Unchecked agency spending is driving inflation, but when added to the job-killing regulations on American energy, the compounding damage from expensive over-regulation is a nightmare for the economy and workforce,” added Walker. “FGA praises the committee for their work to curb inflation, restore congressional authority, and rein in unaccountable bureaucrats.”
For more FGA research on the REINS Act, visit our REINS page.
The Foundation for Government Accountability (FGA) is a non-profit, multi-state think tank that promotes public policy solutions to create opportunities for every American to experience the American Dream. To learn more, visit TheFGA.org.