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The House Republican Plan for America's Job Creators

The House Republican Plan for America's Job Creators

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Published by Buck McKeon
On May 26, House Republicans unveiled our plan to promote job growth and prosperity in America.
On May 26, House Republicans unveiled our plan to promote job growth and prosperity in America.

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Published by: Buck McKeon on May 26, 2011
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11/15/2012

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THE HOUSE REPUBLICAN PLAN FOR
AMERICA’SJOB CREATORS
JOBS.GOP.GOV
Empowering Families, Small Businesses and Entrepreneurs
 
Free markets, free enterprise, innovation and entrepreneurship arethe foundation for economic growth and job creation in America.For the past four years, Democrats in Washington have enactedpolicies that undermine these basic concepts which have historicallyplaced America at the forefront of the global marketplace. As aresult, most Americans know someone who has recently lost a job,and small businesses and entrepreneurs lack the confidence neededto invest in our economy. Not since the Great Depression has ournation’s unemployment rate been this high this long.Enough is enough. More taxation, regulation, and litigation willnot create more jobs. Government takeovers of the economyhave failed while the size and the scope of the federal governmenthas exploded. Washington has tied the hands of small businessowners and job creators with onerous regulations and backwardfiscal policies that have stalled the economy, slowed innovationand destroyed jobs. We need common sense, pro-growth policiesto give small businesses and entrepreneurs renewed confidence inour economy and to remove Washington as the roadblock to jobcreation.America is at a crossroads and House Republicans are committed totaking every possible step to spur job creation and get our economyback on track so that Americans can do what they do best: create,innovate and lead. The pro-growth agenda detailed below buildson the GOP Pledge to America, our governing agenda focused on job creation and economic growth. It will address our economicchallenges, foster innovation and investment, and help job creatorswithout raising taxes on working families and small business owners.
INTRODUCTION
 
Empower Small Business Ownersand Reduce Regulatory Burdens
Job creators are being bogged down by burdensome regulations from Washingtonthat prevent job creation and hinder economic growth. These regulations areparticularly damaging for the real job creators in the country: small business owners.We must remove onerous federal regulations that are redundant, harmful to smallbusinesses, and impede private sector investment and job creation.
PROBLEM: BURDENSOME REGULATIONS
The Small Business Administration has reported that government regulations areestimated to cost our economy over $1.75 trillion a year. To make matters worse, in2009, the Administration had – under various stages of consideration – another 184regulations that are estimated to cost the economy in excess of $100 million each,and likely to cause more Americans to lose jobs.
REPUBLICAN SOLUTION

While such legislation will impact future regulations, House Committeesare actively conducting an audit of existing and pending regulations toidentify and address those that are hindering economic growth.

Background: The House has already acted on several regulations thathurt job creators both large and small including: The EPA’s regulationof greenhouse gases, the Federal Communications Commission’snet neutrality proposal, and duplicative and burdensome pesticideregulations.In order to ease the regulatory burden on the economy and to promote jobcreation, we will approve legislation that requires a congressional review andapproval of any proposed federal government regulation that will have a significantimpact on the economy.

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