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House votes to REIN in Regulation

from Aeronautical Repair Station Association

The House approved the Regulations from the Executive in Needs of Scrutiny Act (HR 10) on Dec. 7 by a vote of 241-184. The REINS act would check the power of regulators, requiring congressional approval before implementing any regulation with an economic impact of more than $100 million. An amendment to the bill offered by Rep. Pete Sessions, R-Texas, would also require federal agencies to consider the potential employment effects of any rule submitted to Congress under that act. more

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