[Congressional Record (Bound Edition), Volume 157 (2011), Part 13]
[House]
[Page 18995]
[From the U.S. Government Publishing Office, www.gpo.gov]




                             THE REINS ACT

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Mr. Speaker, today the House will begin 
consideration of the Regulations from the Executive in Need of Scrutiny 
Act of 2011, also referred to as the REINS Act. This bill will require 
Congress to approve any Federal regulation that will impact our economy 
by $100 million or more.
  The Small Business Administration estimates that regulations are 
costing our Nation's citizens $1.75 trillion per year. The current 
administration's report on Federal regulations listed over 4,200 under 
development since last December and over 200 additional regulations 
proposed this year, costing consumers billions of dollars, destroying 
jobs. This fact is another example of how out of touch the President is 
with the hardworking and deserving American families. It is time for 
Congress to take action and stop the imposition of these job-killing 
policies that discourage small businesses from growing and expanding.
  In conclusion, God bless our troops, and we will never forget 
September the 11th in the global war on terrorism.

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