REINing in the Regulatory State: "
Representative Goeff Davis (R-KY) talks about his REINS Act, a proposal that would finally subject economically significant regulation (Internet regs, EPA rules, etc.) to Congressional oversight.
This is a bold proposal, one that would bring badly needed accountability to executive rule-making. There’s no good reason it shouldn’t receive bipartisan support. All of the media oxygen of late has been on the Bush tax cuts and the deficit commission plans, but this is a significant piece of legislation that would fundamentally transform how Washington conducts its affairs. It deserves serious attention. – By Nick Schulz at The Enterprise blog
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