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House Speaker Paul Ryan of Wis., and the House GOP leadership, talks to reporters at the Republican National Committee headquarter on Capitol Hill in Washington, Tuesday, June 14, 2016, about their response to the deadly shooting in Orlando on Sunday that left 49 dead and more than 50 injured. Ryan said that a ban on Muslims entering the U.S. as presidential nominee Donald Trump proposes, is not in the nation's interest. (AP Photo/J. Scott Applewhite)

Paul Ryan unveils plan to roll back Obama-era regulations

WASHINGTON (AP) — House Speaker Paul Ryan on Tuesday unveiled the third installment of his “agenda project” with a sweeping 57-page plan to roll back regulations on energy and the environment, labor issues and the financial services industry.

“The bureaucracy is not listening to the American people, and as a result less jobs, less businesses, less prosperity, lower wages,” Ryan said at an event in front of Labor Department headquarters. “We can improve the economy by making sure the regulators respect the people they’re supposed to regulate. That is not what’s happening.”

The plan commissioned by a task force named by Ryan, R-Wis., is largely a repackaging of GOP agenda items that have failed to advance through the Senate and have often been met with veto threats by President Barack Obama.

“Bad or unnecessary regulations can slow the economy down significantly, and the evidence suggests red tape is holding back the recovery,” said the report. “The federal government has taken very few outdated regulations off the books, while constantly adding new ones: 3,408 in 2015 alone.”

Tuesday’s report is the third of a half-dozen reports that are designed to form a positive GOP agenda for the fall campaign. But House Republicans are struggling to be heard above the din created by presumptive GOP nominee Donald Trump.

“The latest plank of House Republicans’ Wrong Way agenda is nothing more than a wish list for polluters, unscrupulous financial advisers and Wall Street. It will do nothing to create jobs in our country,” said House Minority Leader Nancy Pelosi, D-Calif. “This special interest Republican agenda would poison the air we breathe and the water we drink, while rolling back critical protections for American consumers and taking the cops off the Wall Street beat.”

The plan takes aim at regulations on global warming and the 2010 overhaul of financial regulation, among others. It seeks to prevent frivolous lawsuits and other elements of the GOP’s long-stalled “tort reform” agenda.

It promises to repeal regulations on power plant emissions that discourage the use of coal, roll back a major update of the Clean Water Act, ease approval of liquefied natural gas facilities and nuclear power plants, and open up more federal lands to energy exploration.

“All this red tape especially hurts small businesses, startups and the energy sector — which are the engines of economic growth,” the report added. “It also puts American companies at a disadvantage against global competition.”

Reports due next week on the trickier topics of tax reform and a longstanding promise to “repeal and replace” the Affordable Care Act are likely to be more closely watched.

Related news: Energy bill prospects dim in dispute over drilling, drought

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One comment

  1. I’ve always voted Republican, but hear me out. Yes, I voted for Ronald Reagan (who didn’t?), but the world has changed dramatically since the 1980s. Today’s Republicans and Democrats are facing tough choices as we struggle to pay our bills and make ends meet.

    When hospitals were operated as charities, Americans could afford health care. But the charities are gone and the big HMOs and insurance companies have taken over our health care system. So, now Hospitals bill as much as $20.00 for a single aspirin tablet. Is that a FREE MARKET ECONOMY? Does it reflect COMPETITION? NO, the Reagan era is gone for good. What we’re seeing today, thanks to Reagan’s deregulation policies, is the rise of HUGE MONOPOLIES dominating nearly every area of life.

    Paul Ryan’s plan is based on the idea that Reaganomics still work. They don’t (never really did). Doesn’t he even notice that the Middle Class (MC) is quickly vanishing? Global trade doesn’t work when China sells steel (and many other products) for less than their costs to make it. NAFTA is killing the MC. Or does Ryan hold the belief that Americans need to work for 25 cents per hour in order to complete with the Chinese?

    America still purchases over 50% of the world’s goods and services. We ARE the marketplace. Let’s make the world compete with us, on our terms. Let’s establish tariffs on foreign goods, give American industry a chance to rise from the economic ashes of globalism, and make the MC strong again.

    Also, keep you mits OFF of Social Security. It’s not a give-away program. We contribute heavily out of every paycheck. How dare anyone say that Social Security is a welfare-type program. Ryan is as big a fool as the Donald.

    For the first time in my life, I’ll probably vote Democrat.

    We need the burden of healthcare removed from our backs just as EVERY other industrialized country has done (except the U.S.) by expanding medicare to everyone.

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