Our system of checks and balances was created by our Founding Fathers to prevent one branch of government from having more power over another. By having all three branches work together, Americans are given an equal voice in government.
Unfortunately, on numerous occasions, President Biden has issued Executive actions to institute policies unilaterally from the Oval office, even when their constitutionality is questionable. The reckless spending and federal overreach of the Biden Administration has led our country down the wrong path, and the overwhelming majority of Americans are rightfully worried for the country's future.
This week, the House took steps to place a much-needed check on the President's executive actions that are driving inflation and costing taxpayers. There is still plenty of work to do, but our legislation, the REINS Act, will hold the Biden administration accountable and put our country back on the right track by restoring the power of the American people back in Washington.
The REINS Act prevents excessive overreach by the White House through the reaffirmation of the legislative authority of Congress in the federal rulemaking process. Specifically, it requires every new “major rule” proposed by federal agencies to be approved by both Houses of Congress before going into effect. A “major rule” is defined as:
- Any federal rule or regulation that may result in: an annual effect on the economy of $100 million or more;
- A major increase in costs or prices for consumers, individual industries, government industries, government agencies, or geographic regions;
- Or significant adverse effects on competition, employment, investment, productivity, innovation, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.