Eric Cantor plans to go on offense for job creation when the House convenes for business after Labor Day. In a memo to Republican members yesterday, Majority Leader Cantor outlined a strategy to reduce the tax burden on small business owners and repeal ten regulations that increase cost and stifle job creation.
Cantor's fall agenda will stand in contrast to President Obama's a new jobs plan scheduled to be announced next week. The leaks coming out of the White House suggest that Obama's plan will include more government spending and perhaps new government programs.
Cantor intends a steady week-by-week progression of his jobs legislative agenda through the remaining months of the 2011 Congressional calendar.
Here's the memo:
TO: House Republicans
FR: Eric Cantor
DT: Monday, August 29, 2011
RE: Upcoming Jobs Agenda
As you know, we released The House Republican Plan for America’s Job Creators earlier this year. While the debt crisis has demanded much of our attention, our new majority has passed over a dozen pro-growth measures to address the equally troubling jobs crisis, such as the Energy Tax Prevention Act and the Putting the Gulf of Mexico Back to Work Act. Aside from repeal of the 1099 reporting requirement in ObamaCare, however, each House Republican jobs bill now sits dormant in the Democrat-controlled Senate. You can view the progress of our jobs bills at MajorityLeader.gov/JobsTracker.
When we return next week, the Joint Select Committee on Deficit Reduction will begin meeting to take an additional incremental step towards addressing our debt crisis. During this time, it is essential that the House continue our focus on the jobs crisis. Below are two areas of our jobs agenda that I want to bring to your attention for our upcoming fall and winter legislative schedule.
REPEAL OF JOB-DESTROYING REGULATIONS TO CREATE MIDDLE CLASS JOBS
Since passage of H.Res. 72 on February 11, our committee chairmen have been investigating and inventorying regulatory burdens to job creators. They’ve found many that have tied the hands of small business people and prevented job growth. By pursuing a steady repeal of job-destroying regulations, we can help lift the cloud of uncertainty hanging over small and large employers alike, empowering them to hire more workers.