Plan Focuses On Cutting Regulations And taxes

This week House Majority Leader Eric Cantor (R-VA) laid out an ambitious anti-tax and anti-regulations agenda for the fall. Cantor sent a memo to rank-and-file Republicans. In it he said the House will target 10 major regulations for elimination, and will also seek to enact one major tax cut for businesses.

"I think the administration has … already demonstrated that it is not interested in focusing on private sector growth," Cantor said after announcing the plan. "What our list demonstrates is: Washington now has gotten in the way, and we’ve got to make it easier, finally, for small business people to grow."

The 10 regulations targeted in the memo were identified by committee chairmen as the most harmful to the economy. The majority are issued by the Environmental Protection Agency (EPA), but labor and healthcare rules are also targeted.

The three committees of jurisdiction — Ways and Means, Energy and Commerce and Education and Workforce — are charged with putting together legislation to repeal "restrictions" in the law that could make it prohibitively expensive for employers and health plans to continue offering coverage.

Cantor said the House will consider legislation the week of Sept. 12 authored by Representative Tim Scott (R-SC) that would forbid the NLRB from seeking to stop companies from moving work to new locations. The NLRB is alleging Boeing moved work to South Carolina to punish unionized workers in Washington state.

Barack Obama will announce his new (old) tax and spend program for jobs next week. More taxes and government spending is not the answer. Obama's almost trillion dollar stimulus bill didn't help it hurt. It's time to give businesses a chance to grow.

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