"Republicans Act To Curb U.S. Regulation; Democrats Poised For Fight"

"Republicans lawmakers on Thursday pressed ahead in trying to strip down U.S. regulations, with the House of Representatives passing a bill that requires Congressional approval of major rulemakings that could affect areas ranging from the environment to education.

The House voted 237 to 187 on legislation known as the "REINS Act" that is intended to keep agencies from pumping out new rules.

"Excessive regulation means higher prices, lower wages, fewer jobs, less economic growth and a less competitive America," House Judiciary Committee Chairman Bob Goodlatte said before the vote, echoing the anti-regulation sentiment popular in his party."

Lisa Lambert and Richard Cowan report for Reuters January 5, 2017.

SEE ALSO:

"Republicans Can Cancel Some Obama Environment Rules. But They’ll Have To Choose Carefully." (Washington Post)

Source: Reuters, 01/06/2017