Sunday, February 19, 2017

Deregulation Update

From: David McIntosh, President | Club for Growth

President Trump signed two bills this week – both of them used the Congressional Review Act (CRA) to do away with costly Obama Administration rules.

And there are many more to come – Obama raced to enact about 230 new rules over the closing months of his administration. Knocking out just 42 of them would save America’s small and mid-sized businesses more than $60 billion.

The CRA is legislation I pushed through Congress in 1996. It was designed to chop away at the massive federal regulatory state, and to keep Washington bureaucrats from ever creating new rules just like them.

The measures the president signed this week are perfect examples of what it was intended to do. One of them kills off a Dodd-Frank rule that would have harmed American energy companies, while the other rule would've been yet another Obama Administration knife in the back of the coal industry. Both rules are now just history.

The House, under Speaker Paul Ryan, has already passed more than a dozen CRA resolutions and the Senate, under Leader Mitch McConnell, is following suit. The challenge they face is that the clock is ticking. They only have until about May 8th to use the CRA to undo recent Obama rules.

One of the Club's champions, Senator Ron Johnson (WI), has been working hard to keep the Senate on pace to tackle more CRA votes, despite the endless obstruction of Senate Democrats.  He’s been getting help from Senators like Steve Daines (MT) and John Cornyn (TX). And, amidst everything that's going on right now in Washington, the Club for Growth is also urging Congress to keep the crucial issue of regulatory reform on the front burner, and your support helps us to stay engaged in this fight.

Best Regards, David McIntosh, President | Club for Growth


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