New Rule Review Push Faces Key Hurdles Despite Economic Uncertainty

Regulatory reform bills are likely to be a prime focus of Congress' attention following the August recess in light of the United States' credit downgrading, sources say, but questions remain about whether proposals to boost economic reviews of health and safety rules can win the support of the Senate or President Obama. Push-back from activists opposed to subjecting regulations to more executive review is another hurdle that existing regulatory review bills face in winning a signature from the president, who has couched his comments on economic recovery in terms of extending payroll tax cuts a