"A wise and frugal government which shall restrain men
from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government."
(Thomas Jefferson)

Sunday, February 21, 2010

The Republican No Cost Jobs Plan

Republicans for the last year have been advocating plans like this below to help the economy, but Speaker Pelosi refuses to have the GOP bills heard in committee so the their ideas continue to be ignored. What is even worse is that Pelosi takes great pleasure in criticizing the Republicans for lack of ideas to anyone who will listen including the media when she is the one stifling any Republican ideas and bills.

One thing has happened over the last year that Pelosi cannot control is the American people are waking up to the mistake they made in electing Barack Obama and giving the Democrats complete control of Congress. If anyone wants any proof of that, they need look no further than Massachusetts where Scott Brown, a fiscal conservative Republican, took back the people's Senate seat that was held for years by Ted Kennedy.

Republican Minority Whip Eric Cantor has put forth this "No Cost Jobs Plans" which makes Common Sense. Now it is up to Pelosi's to see if she allows this Plan to be heard in Committee.

The Republican No Cost Jobs Plan
Tear Down Self-Imposed Obstacles to Economic Growth:

The threat of increased taxes, new government regulation, and costly government mandates – all of which are currently pending before Congress and various regulatory bodies – are a significant threat to any employer who is trying to decide whether they can afford to expand. As the CEO of a steelmaker recently told the Wall Street Journal “Companies large and small are saying, ‘I am not going to do anything until these things – health care, climate legislation – go away or are resolved.’”

Therefore Congress and the Administration should:

Halt Any Proposed Rule or Regulation Expected to Have an Economic Cost, Result in Job Loss, or Have a Disparate Impact on Small Businesses:
Since taking office, the Administration has had under consideration over 100 regulations that are deemed economically significant, meaning they have an impact on the economy in excess of $100 million. Many of these rules will directly impact small businesses.

The President should issue an immediate Executive Order halting any proposed regulations expected to impose any net costs on the economy in either the near or long-term or that negatively impact small businesses or result in a net loss of jobs. Such rules should be rewritten to fully mitigate any negative economic impact.

Eliminate Job Killing Federal Tax Increases:

While there is a philosophical difference between the two parties when it comes to taxes, we believe we should find common ground on the premise that the government should at a minimum never raise taxes during periods of high unemployment.
While Republicans will continue to fight both new initiatives that are premised on tax increases and automatic tax increases that are imbedded in current law, we urge a bipartisan commitment to blocking such tax increases at least until unemployment is below 5% again.

Cong Eric Cantor

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