Jan 13, 2015

President Obama Shouldn’t Veto Bipartisan Regulatory Reform

Washington, D.C. – House Majority Leader Kevin McCarthy (CA-23) released the following statement on House passage of H.R. 185, the Regulatory Accountability Act of 2015:

“It’s easy for unaccountable bureaucrats in Washington to write regulations governing everything from puddles to what kind of light bulbs you put in your lamp. But these regulations aren’t just annoying. They have real costs.

“Proposed and final federal regulations imposed a burden of over $181 billion on the economy in 2014 alone, according to the American Action Forum. That means less money in your pocket, fewer jobs, higher prices, and more time filling out forms and worrying about compliance. The regulatory system in America needs a full overhaul, so the House started with simple, bipartisan reforms to insert some logic in the system. I would like to thank House Judiciary Chairman Bob Goodlatte (VA-06) for creating such a sensible bill that has just a few simple requirements: that agencies should choose the least costly rulemaking option possible, that they use the best obtainable science, and that they allow greater public input. It’s hard to get more reasonable than that.

“However, President Obama has already threatened to veto this bipartisan bill—his fifth veto threat already on House legislation. That’s not only bad politics, it just doesn’t make sense. The American people want some sense in Washington and for President Obama to stand up for us, not the bureaucracy.”