Posted on 08/29/2011 9:33:34 AM PDT by greyfoxx39
House GOP announces jobs plan focused on cutting regs, taxes
House Majority Leader Eric Cantor (R-Va.) on Monday laid out an ambitious anti-tax and regulations agenda for the fall.
In a memo to rank-and-file Republicans, Cantor said the House will target 10 major regulations for elimination, and will also seek to enact one major tax cut for businesses.
Republicans are offering the agenda as a contrast to President Obama’s jobs plan which is to be formally announced next week and is expected to include stimulus spending.
Cantor’s proposals will face an uphill battle in becoming law, but could make their way into a package produced by the deficit “supercommittee” of 12 lawmakers charged with recommending $1.5 trillion in deficit-cuts by late November. Democrats want that package to focus on economic stimulus to create jobs.
The more far-reaching tax proposal outlined in Cantor’s memo would allow small business owners to deduct 20 percent of their income from their taxes.
This proposal is being offered as a contrast to the Obama administration effort to raise taxes on individuals making more than $200,000 per year. Many small businesses file taxes as individuals.
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, but labor and healthcare rules are also targeted.
A series of votes on repealing the regulations would begin in September and would be followed in late November or early December by a vote on separately legislation requiring that all major regulations get an up or down vote in Congress. The House will also vote on two bills changing the way regulatory impacts are analyzed, Cantor said in the memo.
The first regulation to be targeted is born out of Boeing’s conflict with the National Labor Relations Board.
Cantor said the House will consider legislation the week of Sept. 12 authored by Rep. Tim Scott (S.C.) that would forbid the NLRB from seeking to stop companies from moving work to new locations. NLRB is alleging Boeing moved work to South Carolina in order to punish unionized workers in Washington state.
Later in September and in October, the House will consider rules meant to stop pollution that affect utilities, cement makers, coal companies and firms using boilers. In the winter, ozone rules and dust regulations will be considered before the House votes on legislation to prevent the EPA from regulating greenhouse gases in order to combat climate change.
Cantor's jobs push also has a healthcare component aimed at ensuring that employers will still be able to offer employee coverage under Democrats’ healthcare reform law.
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.
The legislation is scheduled to come up in the last two months of this year under Cantor's proposal.
In the winter, the GOP plans to target a proposed NLRB regulation that the GOP says will give employers too little time to organize ahead of union elections.
Cantor is also prioritizing two tax law changes. One would end a rule, set to go into effect in 2013, that requires the federal government to withhold 3 percent of payments to contractors as a way to improve tax compliance.
The majority leader notes in his memo that the GOP expects Obama to submit pending trade agreements with Colombia, Panama and South Korea soon and for the Senate to vote on a House-passed patent reform bill that transforms the U.S. into a first-to-file system of patent approvals from a first-to-invent system.
Barry Zero, the Grand-wazzir of Vapor-ware
Ping
The beauty of focusing on regulations is it cost the treasury nothing to slash regulation. And the payoff happens immediately.
Good luck GOP, you’ll need it.
I think the main beauty of focusing on regulation is that is the method Obama is using to destroy the country. Remember his promise that electricity costs would skyrocket?
Concrete, ROFLOL, if they had, had the nuts to attach it to something it may have been, now it is nothing more than, show and tell, while singing oh happy days. A whole lot like cuts from a none existing budget.
Pass the repeal and let Scary Reid and zero continue to do nothing......come election time list the blocked bills that scary has failed to bring to a vote....
I can already see the endless media propaganda now.
“GOP Wants To Poison America’s CHILDREN!”
“Pollution for Profits!”
Yada, yada, yada....
WOW...and I though I was cynical....have you taken your Metamucil today? Are you a contender for the title of "FreeRepublic "naysayer-in-chief"!
This post brought to you by the Democrat Party National Committee operative, Org.whodat.
That post brought to you by the Democrat Party National Committee operative, Org.whodat.
Bears repeating! Could also be a MittBot.
It’s a start. What they need is a grand strategy to clear out whole swaths of the Federal Government (eliminate agencies, cut red tape, and lay off bureaucrats by the thousands)
They can pass all the wish, if there is no way to get it into law, it is meaningless Poo.
If you aren't a Democrat Party actvist in name, you are a Democrat Party activist in action.
Make him defend bureaucrats. That’d be great for Republicans.
Why have none of the candidates come to the defense of Gibson Guitars? Seems like that is a custom made issue for Reps.
Smart strategy. The Hosue passes these..and sends it tgo the senate, where 23 Democrat seats are up next year. Reid and Schumer are gonna choke on these..
Since there IS an election coming up, the fact that the House Republicans are actually presenting a step to the voting public as a first step in a remedy is hardly "poo".
Your point of view may be colored by your residence in a dung-colored world. Most of us prefer to believe that in spite of the past 2 years, there is still hope in this nation.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.