Wednesday, December 21, 2011

This is a promising development. (Of course longer term any real hope for better politics is a return to an explicit protection of individual rights, but this type of legislation can buy us time to get there.)
A bill that would give the controlling party of either chamber of Congress veto power over any major new regulation passed the House of Representatives Wednesday.

The measure, dubbed the Regulations From the Executive in Need of Scrutiny -- or REINS -- Act, would require Congress to sign off on any new rule estimated to cost more than $100 million. It passed 241 to 184, with a handful of Democrats crossing the aisle.

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