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releases: https://www.lee.senate.gov/public/index.cfm/press-releases?ID=b81f0788-cfb2-4aed-9a43-1172b36c6125

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Data license: MIT · Data source: dwillis/congress-press

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url title date year month party chamber state member_name bioguide_id domain scraper source date_source text has_text collected_at updated_at
https://www.lee.senate.gov/public/index.cfm/press-releases?ID=b81f0788-cfb2-4aed-9a43-1172b36c6125 Lee Introduces Regulatory Reform Bill 2014-12-11 2014 2014-12 Republican House UT Mike Lee L000577 www.lee.senate.gov     legacy WASHINGTON Today, Senator Lee introduced a bill that reforms our nations regulatory system by creating a regulatory budget process designed to measure, and set an upper limit on, the costs that federal rules and regulations impose on the economy each year. The Regulatory Cost Assessment Act brings transparency, accountability, and discipline to the system by requiring Congress to reclaim from the executive branch the responsibility for the effects and costs of regulations on the private sector. Reforming our federal regulatory regime is one of the greatest challenges facing our country today, said Sen. Lee. Each year thousands of rules and regulations, issued by the alphabet soup of federal agencies in Washington, D.C., cost our economy nearly $2 trillion. These costs are borne by businesses large and small trying to comply with all the red tape, but ultimately theyre passed on to the American people, in the form of lower take-home pay, fewer jobs, and higher costs of goods and services. Right now, the main reason our regulatory system is so onerous and expensive, Lee said, is that regulations are issued by bureaucrats in the executive branch who will never be held to account for their decisions by the American people. This bill takes an important step toward solving that problem by making Congress directly accountable for the regulatory costs each federal agency can impose on the economy. 1 2026-03-30T12:14:52Z 2026-03-30T12:14:52Z
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