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Candidate Romney Has Own Economic Plan
09/07/2011
NAFB News Service

  Presidential candidate Mitt Romney has offered a far-reaching economic plan that relies heavily on the premise that reviving the economy depends on getting the government out of the way of corporations. Romney's "Believe in America" plan includes the overhaul of federal tax, regulatory, trade and energy policies. During a speech Tuesday in North Las Vega, Romney said the right answer for America is not to grow government or to believe that government can create jobs. It is instead to create the conditions that allow the private sector and entrepreneurs to create jobs and to grow our economy.

Romney laid out 10 actions he said he would take on his first day in the Oval Office that would create more certainty for businesses. They include: implement free-trade agreements with Colombia, Panama and South Korea; and expand domestic energy exploration. If elected, the former Massachusetts governor said he would issue five executive orders on Inauguration Day. They would roll back Obama’s health-care overhaul; eliminate Obama-era regulations; issue new oil-drilling permits; and sanction China for currency manipulation.

Romney says his approach would boost annual economic growth by 4 percent, create 11.5 million jobs and lower the nation’s unemployment rate to 5.9 percent over four years. President Obama is scheduled to present his own jobs plan in a prime-time address to a joint session of Congress Thursday evening.

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