Ken Buck Votes to Reduce Regulations

FOR IMMEDIATE RELEASE

CONTACT: Katherine Rosario, 202-225-4676

Washington – Today, the House passed the Regulations from the Executive in Need of Scrutiny Act of 2015 (H.R. 427) by a vote of 243-165. The REINS Act requires that federal agencies submit major regulations (those that cost the economy $100 million or more) to Congress for approval; guarantees that no major regulation becomes effective until Congress approves it; and requires an expedited up or down vote on major rules within 70 legislative days. Congressman Buck voted for the bill and released the following statement:

“We have handed over way too much of Congress’ legislative authority to unaccountable Washington bureaucrats. Handing the steering wheel to the executive on regulations has resulted in the nightmares of Obamacare and Dodd Frank. Everyone in America loses when we don’t keep costly regulations and unaccountable bureaucrats in check,” said Congressman Buck.

Regulations have grown dramatically under President Obama. By the end of 2014, agencies adopted over 184 major rules – rules costing $100 million or more yearly – imposing $80 billion in new annual costs on the American economy. There are 126 new regulations pending. The annual cost of regulations in the United States is estimated to be as high as $1.882 trillion.

Rep. Ken Buck (CO-04) is the Freshman Class President. He serves on the House Judiciary Committee and the House Committee on Oversight and Government Reform.  He serves on the OGR Subcommittees on Government Operations and the Interior and is a member of the Judiciary Subcommittees on Immigration and Border Security and Crime, Terrorism, Homeland Security and Investigations.

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