After focusing for months on the deficit, Republicans are preparing a ‘jobs’ pivot of their own in September by moving to roll back and limit new federal regulations.
Congressional Republicans and aides confirmed that regulations are going to be at the top of the GOP agenda next month as the party looks to counter the White House’s drive for jobs legislation addressing taxes and infrastructure.
When the Department of Labor announced Friday that only 117,000 jobs were created in July, GOP leaders quickly cited burdensome regulations as a main culprit.
“We’ve got to take a real look at what we can do in Washington, number one, to remove the regulatory burdens that are in the way of entrepreneurs and investors, so that jobs can be created again. And we have to look at policies that affect small business people and the middle class,” House Majority Leader Eric Cantor (R-Va.) told CNBC.