The national debt has doubled since 2007. It is now approximately $19,000,000,000,000. Congress has not been successful at stopping spending, and the economy is struggling along with the burden of debt and over-regulation. One Congressman has a proposal that will deal with at least part of the problem.
The article reports:
Rep. Mark Walker (R-N.C.), Financial Services Committee Chairman Jeb Hensarling (R-Texas) and Rep. Dave Brat (R-Va.) joined Lee to formally introduce the Article I Regulatory Budget Reform Act, which would require Congress to cast a vote on the “total regulatory burden” federal agencies are able to enforce on the private sector each fiscal year.
“Federal regulations come with a cost, albeit a hidden one. The American people can look up in the federal budget and see a monetary cost for the IRS and the EPA. They should also be able to look up what the regulatory cost for these agencies are as well. Beyond making the cost of federal regulation transparent, a regulatory budget will help restore accountability for the cost of regulation onto the people’s elected representatives,” Hensarling said at Hillsdale College’s Kirby Center in Washington.
“With a regulatory budget, it would become so much more difficult for members of Congress to simply pass the buck and blame the faceless, nameless bureaucrats for the cost of regulations on the American people’s families and their businesses,” he added.
Under the U.S. Constitution, Congress is charged with making laws. They are supposed to be held accountable for the laws they pass. Unfortunately, we have wandered into a system where unelected bureaucrats are making our laws, and we can’t vote them out of office.
The article adds:
Lee argued that most of the major bills Congress has passed only “establish aspirational guidelines,” which gives the executive branch the power to determine the specifics. He said Congress should establish “regulatory-cost limits” for federal agencies to follow.
“For the rule-writing bureaucrats, these open-ended laws are gifts that keep on giving. For instance, in the years since Congress first passed the Clean Air Act in 1977, federal bureaucrats have used the law to enact more than 13,500 pages of regulations – roughly 30 pages for every page of legislative text,” Lee said.
“But for the American people, this kind of government without consent is a violation of the social compact at the heart of our republic and exactly why they no longer trust the federal government,” he added.
The U.S. Constitution is an amazing document. The government it established works. Unfortunately we have altered that government to the point where it barely works and is not trusted by the American people. We need serious reform in Washington. Senator Lee’s proposal might be a good place to start.