Today In Congress

The House today will take up two measures designed to cut spending and roll back federal regulation.

The first, H.R. 1343, would return unused funds made available for broadband investment through President Obama’s stimulus law to the U.S. Treasury. The bill is sponsored by Rep. Charlie Bass (R-N.H.), who sits on the House Energy and Commerce Committee.

The second measure, the Cement Sector Regulatory Relief Act of 2011, would delay the Environmental Protection Agency’s ability to issue air quality standards for cement manufacturing facilities. The bill is sponsored by Rep. John Sullivan (R-Okla.) and has a host of GOP co-sponsors.

Across the Capitol, the Senate will be resuming consideration of the Currency Exchange Rate Oversight Reform Act of 2011. The bill is aimed at giving America’s monetary policymakers greater ability to scrutinize foreign currencies. China, in particular, has faced widespread criticism that it has enjoyed an unfair trade advantage due to its Yuan being undervalued.