As a member of the Environment and Public Works Committee, I am committed to reducing burdensome regulations by bringing some Nebraska common sense to Washington.
I support policies that require regulations to be based on sound science and a thorough cost-benefit analysis. I am working to ensure that rulemaking is conducted through a transparent public notice and comment process. It is also critical to exercise rigorous congressional oversight and to push back against government agencies pursuing misguided regulatory objectives.
Senator Fischer's accomplishments for cutting red tape include:
Fought to Protect Congressional Oversight of the Executive Branch: Senator Fischer is an original cosponsor of the Regulations from the Executive In Need of Scrutiny (REINS) Act, which would require Congress to approve every new major rule proposed by the Executive Branch. Major rules are defined as having an annual economic impact of $100 million or more. The bill would allow for Congress to regain its eroded constitutional authority by limiting the size and scope of rule-making powers currently wielded by the Executive Branch.
Cosponsored the Regulatory Responsibility for our Economy Act: This legislation strengthens and codifies an Executive Order from January 18, 2011, in an effort to ensure that the President's commitment to review modify, streamline, expand, or repeal those significant regulatory actions, that are duplicative, unnecessary overly burdensome, or would have significant economic impacts on Americans.
Cosponsored S. 175: This legislation would eliminate a burdensome, costly, and redundant EPA permit requirement for applications of pesticides.
Supported Repealing the Death Tax: Senator Fischer became an original cosponsor of the Death Tax Repeal Act. Currently, there is an estate tax exemption of $5 million for individuals and $10 million for married couples, indexed for inflation. The taxable portion of an estate in excess of this exemption is then taxed at a rate of 40%. This bill would repeal the estate tax and generation skipping transfer tax.