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Change these federal rules and regs, say EconoMeter panelists

Roger Showley, SAN DIEGO UNION-TRIBUNE

Friday, December 16, 2016

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Michael Flynn, left, the retired general chosen by President-elect Donald Trump for national security adviser, speaks to Michael Cohen, center, an attorney for the president-elect, and Rick Perry, t

Kelly Cunningham, National University System: REINS Act: The Regulations from the Executive in Need of Scrutiny Act sharply slows the growth of regulations suffocating the economy. REINS requires Congress to vote on all “major” regulations having an annual economic impact of at least $100 million. Congress therefore takes responsibility and is held accountable for more than 170,000 pages of regulations containing thousands of rules promulgated by largely unaccountable federal agencies. The government itself estimates these regulations cost the economy more than $1.75 trillion, almost twice the sum of income-tax receipts.