"Republican presidential candidate Jeb Bush on Tuesday proposed a sweeping rollback of federal regulations on the environment, Wall Street and other areas, saying a buildup of rules during the Obama administration has stifled economic growth.
Mr. Bush’s campaign sees his regulatory and tax-overhaul plans as the path to 4% annual economic growth, a goal the U.S. hasn’t hit in a sustained way since the late 1990s. Economic advisers to Mr. Bush said that the cost of his tax plan would total $3.4 trillion in lost revenue over 10 years, but that the economic boost that from the tax cuts—combined with the savings from the regulatory overhaul—would trim the cost to $1.2 trillion over 10 years.
The former Florida governor is also trying to position himself as a policy expert in a primary generally lacking in details, particularly on the economic front."
Beth Reinhard and Nick Timiraos report for the Wall Street Journal September 22, 2015.
"Jeb Bush Proposes Rollback of Regulations"
Source: Wall St. Journal, 09/23/2015