Friday, July 27, 2012

House GOP set to pass latest anti-regulation bill

WASHINGTON (AP) ? House Republicans are set to pass a bill that would freeze major government regulations until the unemployment rate drops to 6 percent ? it's now 8.2 percent..

The latest GOP attempt to rein in Obama administration rulemaking is virtually certain to die in the Democratic Senate.

Republicans lawmakers are making the same kind of arguments as they did in earlier anti-regulation bills. They say unelected bureaucrats are preventing hiring and are hurting small businesses.

Democrats say the legislation would harm consumer protection, health care, aid to veterans, food safety and workplace safety rules.

The measure would affect proposed rules across the board. Its scope rivals that of a Republican bill passed last December that would give Congress the power to approve any major regulation from the executive branch.

Source: http://news.yahoo.com/house-gop-set-pass-latest-anti-regulation-bill-135301320.html

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