House Republicans will vote on legislation next week that would require the White House to analyze how major executive orders will affect prices across the U.S. economy before issuing those orders – an attempt to curb what the GOP says is President Biden’s habit of imposing costly rules that are fueling “devastating inflation.”
The bill, “Reduce Exacerbated Inflation Negatively Impacting the Nation Act,” or REIN IN Act, is sponsored by some of the top Republican leaders and committee chairmen in the 118th Congress. They include House GOP Conference Chair Elise Stefanik of New York, Ways and Means Committee Chairman Jason Smith of Missouri, Financial Services Committee Chairman Patrick McHenry of North Carolina and Oversight and Accountability Chairman James Comer of Kentucky.
Those lawmakers say Biden’s orders are fueling inflation in the U.S., including the one he issued on the first day in office that revoked the Keystone XL pipeline permit that former President Donald Trump…
