RED TAPE Act

Key Points

• This bill would stop federal agencies from using factors they cannot put a specific dollar amount on when deciding to create new rules. Right now, agencies might consider things like "better health" or "fairness" even if they cannot calculate an exact price. This bill says those factors can no longer be used to justify a regulation.
• Agencies would be required to focus only on clear, measurable money benefits to people and businesses. The goal is to make sure every new government rule provides a clear financial win and does not create hidden costs or burdens that are hard to measure with math.
• If this bill becomes law, it would apply to any regulation made since November 9, 2023. This means many existing rules could be challenged in court. If a judge finds that an agency used non-money factors to justify a rule, that rule would be thrown out immediately.
• The bill also demands more transparency from the government. Agencies would have to publish their full math, the methods they used, and their reasoning in the Federal Register. This would let the public see exactly how the government decided a rule was worth the cost.