Last Friday afternoon, the House of Representatives passed the Regulations from the Executive in Need of Scrutiny (REINS) Act by a vote of 232 to 183. The measure, re-introduced by Representative Todd Young (R-IN), proposes that any regulation expected to have an economic impact of at least $100 million or more be approved by Congress before implementation.

In other words, the bill proposes that we follow the Constitution.

Libertarians believe that a consistent adherence to the Constitution is both the most moral and the most practical way to govern our society. We recognize that government authority derives from and is limited by the document, and thus that limited government under a higher law is the cornerstone of our American system. With this in mind, it is imperative that liberty-minded Americans support the newly re-introduced REINS Act.

“All legislative Powers herein granted shall be vested in a Congress of the United States,” reads Article I, Section I of the U.S. Constitution.

Most Americans probably assume that laws are passed by Congress. After all, Article I, Section I says so in plain ink. And in grade school, we all watched the Schoolhouse Rock jingle “I’m Just a Bill,” which detailed the evolution of potential laws through House committees, the House floor, again through the Senate, and finally to the President’s desk.

Read more at http://harvardpolitics.com/united-states/the-importance-of-the-reins-act/