One-time NLT contributor Eric Claeys, currently professor of law at George Mason University, testified last week before the House Judiciary Committee on the REINS Act, the legislation that would require Congress to vote on any proposed regulation that would impose a cost on the economy of $100 million or more.  You can watch the hearing or download Eric's excellent testimony (and that of fellow pro-REINS panelist David Schoenbrod of NYU) here.  The REINS Act is an important initiative to slow up the regulatory state--you can tell by how the left is going to DefCon1 against it--and it bears watching.