Monday, January 24, 2011


Economic Impact Bill Introduced In Congress

U.S. Rep. Geoff Davis has introduced a bill that would require Congress to vote on federal regulations that would have an economic impact of at least $100 million.

The bill is called the Regulations from the Executive in Need of Scrutiny Act, or REINS. Along with Davis, fellow Republican Congressmen Brett Guthrie of Bowling Green and Hal Rogers of Somerset are among the 86 co-sponsors.

The measure didn't move in the last session with a Democratic-majority House.

Critics say it is another way Republicans could try to derail health care and financial reforms, among other government regulations.

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