George Will outlines what I think is a very possible battleplan for the incoming Congress. It consists of enacting the following:
- Abolish the Consumer Financial Protection Bureau (empowered by Dodd-Frank)
- Get rid of the Independent Payment Advisory Board empowered by the PPACA
- Repeal the PPACA’s tax on medical devices
- Authorize construction of the Keystone XL pipeline
- Mandate completion of the Yucca Mountain nuclear waste storage facility
- Enact the REINS act
I wasn’t familiar with that last. Here’s how he describes it:
It would require that any regulation with at least a $100 million annual impact on the economy — there are approximately 200 of them in the pipeline — be approved without amendments by a joint resolution of Congress and signed by the president. “In effect,” writes the Hudson Institute’s Christopher DeMuth, “major agency rules would become legislative proposals with fast-track privileges.” By requiring legislative complicity in especially heavy federal burdens, REINS is an ingredient in the recipe for resuscitating Congress, which has been far too eager to cede legislative responsibilities to the executive branch.
I don’t see nearly enough about strengthening the economy in that list but my impression is that most of those have bipartisan support and considerable popular support. The actual list could be a lot worse and probably will be.