Madam Speaker, I yield myself such time as I may consume. Madam Speaker, 2 years ago, and 2 years into the current administration, Washington policies have not rescued our economy from crisis. In fact, they have entrenched the crisis. American workers and American companies pay the price as Washington regulations stifle job creation and slow economic recovery. The Judiciary Committee doesn't have jurisdiction over sweeping economic regulations, but it does have jurisdiction over something that sweeps with just as much force. That is the administrative law that governs how agencies must respond to Congress and what agencies must consider before they regulate at all. The REINS Act enables us to reassert Congress' authority over the most burdensome regulations that our agencies churn out. These are major regulations--those that impose a burden of $100 million or more on our economy. The REINS Act requires Congress, not an unelected agency head, to decide whether regulations with massive costs become the law of the land. The Judiciary Committee has already begun hearings on the REINS Act and intends to move quickly to mark up this legislation. Small businesses are the heart of job creation. Rather than bend to small business' needs, Washington too often rigidly demands that small businesses bend to Washington. Overbearing one-size-fits-all Federal regulations have long been the order of the day. Small businesses cannot bear their weight.…
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