Deregulation = jobs: A memo obtained by ShortFormBlog contains details of an upcoming Republican effort to push massive deregulatory legislation through the House of Representatives, in hopes of unshackling “costly bureaucratic handcuffs” faced by businesses. The letter, sent today by Eric Cantor to the House Republican caucus, details the “Top 10 Job-Destroying Regulations,” and how Republicans plan to address them. “By pursuing a steady repeal of job-destroying regulations,” Cantor wrote, “we can help lift the cloud of uncertainty hanging over small and large employers alike, empowering them to hire more workers.” Some key proposals:
- Weakened emission limits The TRAIN (Transparency in Regulatory Analysis of Impacts on the Nation) Act, along with the EPA Regulatory Relief Act, would delay implementation of EPA standards intended to limit air pollution.
- Limiting union power The Protecting Jobs From Government Interference Act would limit the National Labor Relations Board’s power, rescinding its ability to influence relocation of manufacturing plants.
- Farm dust for all The Farm Dust Regulation Prevention Act would, as expected, restrict the federal government’s ability to regulate farm dust, allowing it to do so only within state and local regulations. source
» In keeping with Republican orthodoxy, Cantor also proposes to two tax cuts (one for government contractors, another for small businesses), and the repeal of unspecified provisions of the Affordable Care Act. What do you all think of Cantor’s plan? Read the whole thing at the link. (AP Photo)