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“Amendment SA 922 agreed to in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 85.”
This amendment adds a placeholder in the budget plan for future laws that would require Congress to approve major government regulations before they can take effect. It aims to limit the power of federal agencies and reduce the costs associated with government rules.
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“Amendment SA 922 agreed to in Senate by Yea-Nay Vote. 53 - 47. Record Vote Number: 85.”
This amendment adds a placeholder in the budget plan for future laws that would require Congress to approve major government regulations before they can take effect. It aims to limit the power of federal agencies and reduce the costs associated with government rules.
If the goals of this reserve fund are realized through future laws, it would represent a major shift in how the U.S. government operates, moving the final word on significant regulations from non-elected agency officials to elected members of Congress.
This primarily affects federal agencies and the businesses or industries that are subject to major federal regulations.