WASHINGTON – Today, the House of Representatives passed H.R. 5, the Regulatory Accountability Act of 2017. H.R. 5 is a continuation of House Republicans’ push to limit the administration’s ability to unilaterally create rules and regulations that would have significant impacts on the economy. Following the passage of the bill,
Congressman French Hill (AR-02) stated:
“Just last week, I gave the entire Obama Administration the Golden Fleece Award for their last minute effort to enact six more unnecessary regulations that would cost the Nation’s economy over $6 billion. This has been a theme throughout the administration’s tenure, political expedience over the general welfare of our people.
“The regulatory regime under the Obama Administration has not just been vast and costly; it also has been unnecessarily intrusive. In Arkansas, we have seen agency regulations have devastating effects on our farmers, small businesses, nonprofits, schools, colleges, universities, and state agencies. No one is immune from the leviathan’s overreach. Today’s bill, along with the REINS Act and Midnight Rules Relief Act that were both passed last week, demonstrate the House’s commitment to removing the barriers to our economy that have burdened hardworking Americans.”