|House Meets At:||First Vote Predicted:||Last Vote Predicted:|
9:00 a.m.: Legislative BusinessFive “One Minutes” per side
|10:30 – 11:30 a.m.||12:30 – 1:30 p.m.|
H.R. 3010 – Regulatory Accountability Act (Rep. Smith (TX) – Judiciary) This bill modifies the federal rule-making process by requiring agencies to consider numerous new criteria when issuing rules, including alternatives to any rule proposal, the scope of the problem the rule is meant to address, and potential costs and benefits of the proposal and alternatives. The measure creates statutory thresholds for regulations to be deemed "major" rules and "high-impact" rules — i.e., rules likely to cost more than $100 million or $1 billion a year — and requires that these rules proposals be subject to additional criteria and procedural steps.
- Possible Consideration of H.J.Res. 91 - To provide for the resolution of the outstanding issues in the current railway labor-management dispute (Rep. Mica - Transportation and Infrastructure)
|The Daily Quote|
“House Speaker John Boehner (OH) said he was unsure of the impact on the economy if Congress doesn't extend unemployment insurance benefits and a payroll tax holiday on the agenda for lawmakers this month. ‘I'm not an economist, I don't know what impact it's going to have on the economy,’ he said in response to a question from NBC News at his weekly press conference.”
- NBC, 12/1/11
“Mark Zandi, the chief economist at Moody's Analytics who's done work for both Democrats and Republicans, warned that failure to extend those [unemployment] benefits would make ‘real GDP growth will fall by nearly a percentage point and about one million jobs lost by the end of 2012.’"
- NBC, 12/1/11