
Affordability and Cost of Living
Reduce Government Spending

1
Spending Cap
State Spending Cap: Cap State spending to the average rate of inflation of the three previous calendar years and increase the maximum capacity of the rainy day fund (A.4845, Barclay).
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2
Regulatory Review
Division of Regulatory Review and Economic Growth (D-RREG): Establish a division, led by a commissioner who has a fixed term, to review and make binding recommendations for the elimination of burdensome regulations and implement a "two-for-one" reduction requirement mandating agencies identify two existing rules for elimination when proposing a new rule (A.5582, Barclay).
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3
Sunset Advisory Committee
Legislative Sunset Advisory Commission: Establish the Legislative Sunset Advisory Commission to review each State agency on a 10-year basis to determine whether a need exists for the continuation or reformation of such agency (A.4464, Barclay).