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Republicans Propose Plan to Ease Business Regulations
House Speaker Paul Ryan along with former small business administrator Hector Barreto unveil new plan to alleviate regulations on business
As was reported by Fox Business, yesterday House Speaker Paul Ryan unveiled a regulatory overhaul plan that includes scaling back 2010 Dodd-Frank, the expansion of energy production on federal land and limiting lawsuits against business.
As part of its ramp up ahead of the November elections, the plan includes familiar GOP themes such as the over regulation of small business and economic growth.
"The American people now spend $1.89 trillion every year just to comply with Washington’s rules -- approximately $15,000 per household," according to a 57-page report outlining Ryan’s plans. "From heath care and finance to manufacturing and energy, job creators spend more time jumping through hoops than expanding opportunities."
Republican presidential hopeful Donald Trump has also publicly stated that if elected he would undo federal regulations that hurt business while making changes to the Dodd-Frank law.
To view the original Fox News segment, click here.
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About the Author
Nick Powills
FollowNick Powills, CFE, founded No Limit Agency in 2008 and serves as Chief Brand Strategist for the Chicago-based firm. No Limit is a full-service communications agency that establishes and elevates brands by bridging Public Relations, Social Media, Marketing, Advertising, Digital, and a lot of creativity, to best strategize well-rounded and successful campaigns for 50+ global franchise brands. By presenting visionary ideas and building real relationships, No Limit is able to create effective media branding strategies to help companies grow. Nick currently leads a staff of writers, media strategists, designers, social media experts and digital producers in an office think-tank where brands are humanized for strong, compelling media stories. Prior to starting No Limit at the age of 27, Nick spent four years working at a franchise PR agency where he mastered the art of building rapport with media outlets and creating newsworthy pitches for earned media placements. He holds a Bachelor of Journalism from Drake University in Iowa.
