This article was published by The McAlvany Intelligence Advisor on Friday, April 7, 2017:
The beauty of the CRA, the Congressional Review Act, is that it provides a process by which an incoming administration can look back at the previous administration’s rules and regulations and repeal, neuter, or abandon those it doesn’t like. In addition, once a rule has been repealed, the CRA prohibits it from growing back again. Call it “Roundup” 2.0 for political weeds and unwanted grasses.
What’s remarkable is that, since its enactment in 1996 as part of the Republicans’ Contract with America, it has only been used once: by George W. Bush. Congress passed five CRA resolutions under Obama but he vetoed them all. For him, no government was too big nor any regulation too outrageous.
When Marc Short, Trump’s Director of Legislative Affairs, was given the mike at the White House press conference on Wednesday, he spoke at length about the president’s aggressive use of the CRA to turn back a few of the many hundreds of burdens applied to businesses by the previous administration. Before taking questions Short said: