Ted Cruz Introduces One-Line Bill To Abolish Warren’s Consumer Agency
15th February 2017
The bill is two short sections, the first of which states the title of the legislation. The second and final section of the proposed bill says “The Consumer Financial Protection Act of 2010 … is repealed, and the provisions of law amended or repealed by that Act are restored or revised as if the Act had not been enacted.”
That’s really all it takes. ‘Obamacare [insert citation] is hereby repealed.’ ‘The Death Tax [insert citation] is hereby repealed.’ ‘The law establishing the Education Department [insert citation] is hereby repealed.’
Go, Ted. Cut to the chase.