Jeb Bush wants new rules for federal rule-making

22 Sep 2015 | Author: | No comments yet »

Immigration hecklers shout down Jeb Bush’s speech to Hispanic business group.

Republican presidential candidate Jeb Bush is expected Tuesday to propose a sweeping rollback of federal regulations on the environment, Wall Street and other areas, saying a buildup of rules during the Obama administration has stifled economic growth.

The former Florida governor was forced to halt his speech before the US Hispanic Chamber of Commerce in Houston on Monday to remind those shouting that he supports a pathway to citizenship for children of people in the US illegally, a group often called “DREAMers.” They take their name from the acronym for legislation that lays out a process toward citizenship for immigrant children who were brought into the country illegally and grew up in the US. Bush’s anti-Washington regulatory overhaul: a small, central Iowa town, at a farm owned by a former lawmaker who led the state fair’s Blue Ribbon Foundation. Mary Moreno, communications director of the Texas Organizing Project, which planned Monday’s protest, said her group wanted to call attention to “the hostile atmosphere being created by the GOP field of presidential candidates.” The demonstrators held large signs, with one asking “Who is the real Jeb Bush?” Another read “One of us?” and was paired alongside one that read “Or one of them?” The latter featured a photo of Bush with Republican front-runner Donald Trump at last Wednesday’s presidential candidates’ debate in California. In each case, the plan includes some of his own ideas — many of them implemented during his governorship — combined with ideas drawn from legislation introduced by Republican lawmakers in recent years.

Moreno also said Republican presidential candidates were seeking to “militarise the border” at a time when the US border patrol already has thousands of border patrol agents. “It’s all crazy talk,” Moreno said. Bush’s campaign sees his regulatory and tax-reform plans as the path to 4% annual economic growth, a goal the U.S. hasn’t hit in a sustained way since the late 1990s. In his speech, Bush said “a great majority of Republicans believe in immigration reform” and slammed Trump’s immigration plan to build a border wall and deport those here illegally before allowing “the good ones” to legally return. “We don’t need to build a wall.

According to the document, if Jeb Bush becomes president, he would immediately freeze the implementation of any Obama-era regulations not yet implemented. Bush said that the cost of his tax plan would total $3.4 trillion in lost revenue over 10 years, but that the economic boost that from the tax cuts—combined with the savings from the regulatory overhaul—would trim the cost to $1.2 trillion over 10 years. He would establish an independent commission to perform a “regulatory spring cleaning” — similar to how the Base Realignment and Closure Commission reduced the military’s real estate portfolio — with a mandate to do so “from the perspective of regulated entities.” Bush also would move to end what he calls the “abusive practice” of “sue and settle” — when a special interest group files suit against an entity and the relevant federal agency settles on behalf of the group.

The “Carbon Rule” by the Environmental Protection Agency “will likely result in substantial price increases — often of more than 10 percent — to many families’ energy bills without meaningfully affecting either global emissions or temperature,” the campaign writes. The Dodd-Frank financial regulatory reforms has created a “two-tiered banking system” that makes it “increasingly difficult” for many Americans to obtain loans to start or expand businesses. Bush: ”net neutrality” rules for Internet-service providers, limits on carbon emissions, consumer-protection laws, oil-drilling regulations, food-safety rules and other environmental protections. But the White House has frequently used regulation to advances its agenda, first as it fleshed out key components of the Dodd-Frank financial-overhaul law, and later as Republican control of Congress stymied its ability to advance new legislation. We got to disrupt the order of our state capitals, and people were better off because of it.” Ed O’Keefe is covering the 2016 presidential campaign, with a focus on Jeb Bush and other Republican candidates.

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