The House of Representatives has already approved 27 job creating measures to limit taxes and ease unnecessary regulations. These include:
Disapproval of the FCC's Net Neutrality Regulations, opposing the Commission's attempt to hinder broadband development through unnecessary regulation on Internet traffic management;
The Clean Water Cooperative Federalism Act, to prevent the EPA from imposing new water quality standards within any state in which it already has approved a state water quality plan unless it obtains that state's approval.
The Consumer Financial Protection and Soundness Improvement Act, a bill to increase the transparency and accountability of the Consumer Financial Protection Board by making its funding subject to the normal appropriations process
The Protecting Jobs from Government Interference Act, to prohibit the National Labor Relations Board from ordering any employer to close, relocate, or transfer employment under any circumstance.
The Transparency in Regulatory Analysis of Impacts on the Nation Act, establishing in the executive branch a Committee for the Cumulative Analysis of Regulations that Impact Energy and Manufacturing in the United States.
The Workforce Democracy and Fairness Act, amending federal rules relative to qualifying a "unit" as a collective bargaining agent.
The Regulatory Accountability Act, a bill to update and reform the federal regulatory process, and emphasizing that factual determinations be based upon real evidence.
The Regulatory Flexibility Improvements Act, a bill to require federal agencies to analyze fully the impact a new regulation would have on small businesses.
The Regulations From the Executive in Need of Scrutiny Act, legislation to increase congressional involvement in the formulation of major federal regulations.
The Small Company Formation Act, a bill to lighten the regulatory burden on the issuance of stocks for small businesses seeking to raise between $5 and $50 million.
The Small Banks Access to Capital Act, updates the threshold at which small companies must register with the Securities and Exchange Commission when issuing stock.
The Entrepreneur Access to Capital Act, amends federal securities law to allow companies to raise online and without registration small amounts of money to finance a start-up business.
The House has also passed a number of bills designed to maintain effective and reasonable regulations protecting our environment and health without placing undue burdens on job creators. These bills include:
The Reducing Regulatory Burdens Act
The Energy Tax Prevention Act
The Cement Sector Regulatory Relief Act
The Coals Residuals Reuse and Management Act
The House of Representatives has approved the bills above, but the Senate has failed to act on them.
There is some progress, however, with the Senate having approved and the President having signed into law the following initiatives:
The Small Business Paperwork Mandate Elimination Act, which repealed a provision of the Patient Protection Act that would require small businesses to report to the IRS any business relationship of $600 or more.
The 3 Percent Withholding Rule Repeal Act, which repealed a pending requirement that the federal government withhold 3 percent of the total value of all government contracts.
Free Trade Agreements with Colombia, Panama and South Korea. People worry about "shipping jobs abroad," but on balance we create more jobs here at home when we open foreign markets to our exports.
We have been working hard to reduce spending and help employers grow their companies and hire more employees. We need the Senate to pass the remaining bills we have sent them.
Further initiatives we need to move forward include:
Tax Code Reform: We need to simplify taxes and eliminate special interest tax breaks, loopholes and giveaways. This will allow us to lower rates for individuals and businesses in general. Our goal should be a tax code that is flatter, fairer and easier to understand.
Saving Social Security and Medicare: For many years now we have known that we need careful reforms to strengthen Medicare and Social Security, making sure that they will be there when our children and grandchildren need them. We must do this without threatening the benefits that are being counted on by current retirees and those nearing retirement.
Our failure to take care of the long-predicted imbalances in retirement benefit programs signals job creators that government leaders are continuing to duck our responsibilities. We need to demonstrate serious and responsible management of the government.
Increase Domestic Energy Production: The energy sector is crucial to our economic growth, high energy costs have a major impact on job creation, and high energy imports mean sending our money abroad. New technologies are making it possible for the U.S. to become energy independent while providing new, high paying jobs here at home in the energy sector. We need to protect the environment, but rather than thinking in "either/or" terms, we should intensify efforts to ensure both a clean environment and growing energy production.
Health Care: And crucially, we need to repeal and replace President Obama's health care program. Most Americans want us to ensure health care for every American, but we can do it while providing more choice, less cost and much less bureaucracy than the President's behemoth health care takeover.