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RULEMAKING

House Passes Bill to Enhance Veto Power

Congress would need to approve rules over $100M.

cheats/2011/12/07/house-passes-bill-to-enhance-veto-power/congress-veto-cs_yertq1

J. Scott Applewhite

Just when you thought legislation couldn’t get any slower, the House of Representatives just passed a bill that requires Congress’s approval of any new regulation likely to cost more than $100 million. The act is part of a larger GOP effort to stop rulemaking that it says impedes businesses. Though the bill found support in the House from representatives on both sides of the aisle, it stands a much lower chance of passing the Senate. Its opponents deny that regulation slows the economy and argue that there are more benefits than costs to enforcing rules.

Read it at Huffington Post

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