Policy statement on Government deregulation

(a) Findings The House finds the following: (1) Regulations throughout the Federal Government have been a major issue for decades, continuously growing while negatively impacting the nation's economic and fiscal standing. (2) Overregulation has consistently hurt small businesses, strangled domestic energy production, weakened labor market conditions, and expanded government overreach and costs on taxpayers. (3) Real (inflation-adjusted) spending on regulatory agencies has increased exponentially since 1960. The total number of pages in the Code of Federal Regulations (CFR) has increased from 22,877 pages in 1960 to nearly 200,000 today. When compared to 1950, the CFR contained only 9,745 pages in 1950, making the size of the CFR today 95% larger than it was in 1950. (b) Policy statement on Government deregulation It is the policy of this concurrent resolution— (1) that Congress continues to examine ways to relieve the burdens of overregulation throughout the Federal Government; (2) that Congress is ready to promote initiatives that will reduce government bureaucracy, enhance Federalism, and increase economic prosperity through deregulation; (3) to not only reduce burdensome, costly regulations, but to also reassert the role of Congress; and (4) to enact legislation through reconciliation that strengthens Congress, scales back Federal regulations, limits future bureaucratic red tape, and unleashes economic growth, such as the Regulations from the Executive in Need of Scrutiny (REINS) Act.

(a) Findings The House finds the following: (1) Regulations throughout the Federal Government have been a major issue for decades, continuously growing while negatively impacting the nation's economic and fiscal standing. (2) Overregulation has consistently hurt small businesses, strangled domestic energy production, weakened labor market conditions, and expanded government overreach and costs on taxpayers. (3) Real (inflation-adjusted) spending on regulatory agencies has increased exponentially since 1960. The total number of pages in the Code of Federal Regulations (CFR) has increased from 22,877 pages in 1960 to nearly 200,000 today. When compared to 1950, the CFR contained only 9,745 pages in 1950, making the size of the CFR today 95% larger than it was in 1950. (b) Policy statement on Government deregulation It is the policy of this concurrent resolution— (1) that Congress continues to examine ways to relieve the burdens of overregulation throughout the Federal Government; (2) that Congress is ready to promote initiatives that will reduce government bureaucracy, enhance Federalism, and increase economic prosperity through deregulation; (3) to not only reduce burdensome, costly regulations, but to also reassert the role of Congress; and (4) to enact legislation through reconciliation that strengthens Congress, scales back Federal regulations, limits future bureaucratic red tape, and unleashes economic growth, such as the Regulations from the Executive in Need of Scrutiny (REINS) Act.