THE HOUSE REPUBLICAN PLAN FOR AMERICAS JOB CREATORS!!!!!--- LETS PUT AMERICA ON THE PATH TO WEALTH NOT WELFARE!!!

[carol ann parisi]

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Our Plan and The President's

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What Our Plan Does

The facts about the House Republican Plan for America's Job Creators

America is at a crossroads and House Republicans are committed to taking every possible step to spur job creation and get our economy back on track so that Americans can do what they do best: create, innovate and lead. The pro-growth agenda detailed below builds on the GOP Pledge to America, our governing agenda focused on job creation and economic growth. It will address our economic challenges, foster innovation and investment, and help job creators without raising taxes on working families and small business owners.

Download a copy of the plan here, or read about our solutions below.

Our Solutions

Reduce Regulations	Tax Code Reform	Free Trade	Patent Reform
Visas for the Highly Skilled	FDA Product Approval	Energy Production	Reducing the Debt

Reduce Regulatory Burdens

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Job creators are being bogged down by burdensome regulations from Washington that prevent job creation and hinder economic growth. These regulations are particularly damaging for the real job creators in the country: small business owners. We must remove onerous federal regulations that are redundant, harmful to small businesses, and impede private sector investment and job creation.

In order to ease the regulatory burden on the economy and to promote job creation, we will approve legislation that requires a congressional review and approval of any proposed federal government regulation that will have a significantimpact on the economy.

Tax Code Reform

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America's tax code has grown too complicated and cumbersome, and it is fundamentally unfair. It is filled with loopholes and giveaways. Congress should eliminate the special interest tax breaks that litter the code and reduce the overall tax rate to no more than 25% for businesses and individuals including small business owners. This would make the tax code flatter, fairer, and simpler. Common sense changes to the tax code will ensure that everyone pays their fair share, lessen the burden on families, generate economic expansion, and create jobs by making America more competitive.

We will set the top tax rates at no more than 25% for job creating businesses. This would level the playing field with our competitors and would help to generate investments and create American jobs allowing the U.S. to be more competitive inthe global marketplace and attract business.

Free Trade

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For more than three years free trade agreements with Colombia, Panama, and South Korea have sat idle, blocked by House Democrats' political posturing. As President Obama said on January 27, 2010, "If America sits on the sidelines while other nations sign trade deals, we will lose the opportunity to create jobs on our shores."

We will pass three pending free trade agreements with Colombia, Panama, and South Korea. This will be a shot in the arm for businesses small and large and will create thousands of jobs. We will build on those successes by looking for other ways to expandmarket access for U.S. made products while vigorously enforcing our rights to protect American jobs from unfair practices by other countries.

Patent Reform

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America has historically been on the cutting edge of innovation and technological development, but we are increasingly falling behind our global competitors. Stronger protections for new ideas and products, greater access to a well-educated workforce, and a more efficient and predictable government approval process willempower American business owners to compete in the 21st Century economy. We will make it easier for existing businesses to grow and allow more start-up companies to flourish.

We will modernize and improve the patent system to discourage frivolous lawsuits, expedite reviews, and provide better protection for job creating entrepreneurs. Streamlining the system will make it easier for existing businesses to grow and allow more start-up companies to flourish. The House Judiciary Committee voted to approve a bipartisan patent reform bill to address these challenges.

Visa System for Highly Skilled Workers

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Our current visa system is failing job creators who need access to a skilled and specialized workforce. America has always stood as a beacon of opportunity to thebest and brightest from around the world and the nation has benefitted from their contributions. Yet today, our visa system is not addressing our economic needs. Leading high-tech companies in America are struggling to hire qualified employees while the government visa system sends home highly skilled workers educated in America’s universities.

After a systematic review of our visa system, the Congress should undertake prudent reforms. The House Judiciary Committee is reviewing our visa system to determine the needs of American employers and the reforms necessary to ensurethat American businesses maintain their leading edge in innovation and technology development. Possible solutions include keeping the most accomplished graduates in math, science and other critical fields here in America as well as making it easier for start-up entrepreneurs to obtain visas.

FDA Approval Process

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Innovators need certainty and timeliness from the government's product approval process in order to create and sustain jobs. While some have referred to the U.S. Food and Drug Administration's approval process as the "gold standard" for the world, the life sciences and medical device approval process lacks transparency and consistency. This delays access to potentially lifesaving treatments, hinders job creation in this critical growth sector of our economy, cripples the ability of companies to make major investment decisions about new research projects, and sometimes bankrupts promising opportunities with millions of dollars in unexpected costs.

There are two major programs that must be reauthorized next year by Congress to improve the FDA approval process: the prescription drug user fee program and the medical device user fee program. Under these two programs, the FDA collects funds from industry to help expedite the drug and device approval process. These two reauthorizations present an opportunity to bring transparency and consistency to the FDA approval process, and with that, more efficiency, growth, and American jobs.

Maximize Domestic Energy Production

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The energy sector is crucial to our economic growth, and high energy costs have a major impact on job creation. We have an abundant supply of natural resources in America that we must use to meet our nation's energy needs. We need policies that allow us to harness our own resources, develop new sources of energy, and create jobs here at home.

Over the past 220 years, America has created the greatest economic success story in the history of the world. Our innovative society has dramatically improved the length and quality of life for billions of people around the globe. This same ingenuity must be unleashed to meet our energy and employment needs. House Republicans are taking immediate action through our American Energy Initiative by passing bipartisan legislation to expand energy exploration and production. This will help create American jobs, grow our economy, and enhance our security.

Start Living Within Our Means

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The federal government is spending and borrowing so much that the United States will soon go broke. Washington's spending binge has put our nation in debt, eroded economic confidence, and caused massive uncertainty for private sector job creators.

We will work to control the federal deficit to assure investors and entrepreneurs that our nation's elected leaders are finally getting serious about paying off the debt over time and will bring back confidence by supporting long-term economic growth.

House Republicans have already begun to reduce spending in a meaningful way by approving legislation to decrease spending for the rest of the year and adopting a budget that reduces government spending by almost $6 trillion over the next ten years.

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