On the recordJuly 23, 2012
And I would like to ask the gentleman from Colorado tonight--you know, the gentleman from Indiana mentioned the Regulatory Freeze for Jobs Act. This is the idea that we put a freeze on regulations when the economy's down, but it is specifically about the REINS Act. You know, the REINS Act that we talked about earlier this year was a bill that we passed that said, if a rule or regulation has a certain economic impact on our economy, then it has to come back to us to say whether or not this is something that we need to pass on to America's job creators. When we served together in the State legislature, every year we worked on the rule review bill. And the gentleman from Colorado will recall that this was a bill that came up to us, and we got to look at the regulations and give them a thumbs up or thumbs down on whether or not we thought the executive agency had gone too far, whether we thought they were doing the right thing. And again, this is just one way for us to say, hey, let's do what's right for America's job creators.
