Live Stream: Romney Set to Give Major Speech on Fiscal Policy at 1pm ET

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Romney to give speech on spending and fiscal policy at the Defending the American Dream Summit shortly after 1pm Eastern. A preview of the policies to be laid out in his speech can be found in an op-ed Governor Romney penned on Wednesday which was published by USAToday.

The Defending the American Dream Summit, put on by the Americans for Prosperity Foundation, is taking place today and tomorrow at the DC convention center. Speakers include Romney, Cain, Giuliani, Mark Levin, Judge Napolitano, Andew Breitbart, James O’Keefe, Grover Norquist and many more. You can see the full agenda here.

Mitt Romney’s ‘No Teleprompter, No Text’ Jobs Speech: Bold & Comprehensive

Gov Mitt Romney emphasizes his 'no teleprompter, no prepared text' jobs creation speech by holding up his one page of notes. Romney rolled out a comprehensive jobs plan to a large crowd at McCandless Intl Trucks in Las Vegas, NV. Sept 6, 2021 (photo by Julie Jacobson/AP)


DAY ONE, JOB ONE

He said it would be bold and sweeping.

He was right.

59 points contained in a 160 page book…

It was a stunning revelation as Mitt Romney outlined his much–anticipated, comprehensive jobs plan to modernize the wheezing American economic engine.

From Las Vegas, NV, a state crippled with 12.9% unemployment, 300 people crowded into a warehouse at McCandless International Trucks to listen to Gov Romney. Delivered without prepared text or a teleprompter, Romney elaborated at length on his vision for American prosperity – from just one page of notes. He spoke on taxes, regulation, trade, energy, fiscal policy, etc. He also outlined what he would do to spur job growth on his first day as President of the United States:

At best, government can provide a framework in which economic growth can occur. All too often, however, government gets in the way,” Romney wrote Tuesday in an opinion piece in USA Today that previewed his 160-page plan. “The past three years of unparalleled government expansion have retaught that lesson all too well.”
[...]
Romney planned to use the plan’s rollout to contrast his candidacy with his Republican rivals and present a comprehensive outline for fixing the economy just as Obama prepares to unveil his jobs initiative on Thursday.

(link, emphasis added) Continue reading here.

FACT SHEET: MITT ROMNEY’S PLAN TO TURN AROUND THE ECONOMY

Five Bills for Day One

The American Competitiveness Act: Reduces the corporate income tax rate to 25 percent

The Open Markets Act: Implements the Colombia, Panama, and South Korea Free Trade Agreements

The Domestic Energy Act: Directs the Department of the Interior to undertake a comprehensive survey of American energy reserves in partnership with exploration companies and initiates leasing in all areas currently approved for exploration

The Retraining Reform Act: Consolidates the sprawl of federal retraining programs and returns funding and responsibility for these programs to the states

The Down Payment on Fiscal Sanity Act: Immediately cuts non-security discretionary spending by 5 percent, reducing the annual federal budget by $20 billion

Five Executive Orders for Day One

An Order to Pave the Way to End Obamacare: Directs the Secretary of Health and Human Services and all relevant federal officials to return the maximum possible authority to the states to innovate and design health care solutions that work best for them

An Order to Cut Red Tape: Directs all agencies to immediately initiate the elimination of Obama-era regulations that unduly burden the economy or job creation, and then caps annual increases in regulatory costs at zero dollars

An Order to Boost Domestic Energy Production: Directs the Department of the Interior to implement a process for rapid issuance of drilling permits to developers with established safety records seeking to use pre-approved techniques in pre-approved areas

An Order to Sanction China for Unfair Trade Practices: Directs the Department of the Treasury to list China as a currency manipulator in its biannual report and directs the Department of Commerce to assess countervailing duties on Chinese imports if China does not quickly move to float its currency

An Order to Empower American Businesses and Workers: Reverses the executive orders issued by President Obama that tilt the playing field in favor of organized labor, including the one encouraging the use of union labor on major government construction projects

To learn how to access the PDF and kindle version of Romney’s book Believe in America: Mitt Romney’s Plan for Jobs and Economic Growth click here.

Immediately following Romney’s speech, CNBC’s Larry Kudlow was on hand to interview him:

Part 2 Kudlow interview:

Greta Van Susteren (FOX News) also conducted a phone interview with The Gov.
Romney: “I’m looking at America over the next 30 years.”


To see video of Romney’s entire speech, which includes an intro by Congressman Joe Heck (R-NV), co-chair for Mitt’s campaign in The Silver State, and inspirational remarks from John McCandless, founder of McCandless Intl Truck, click here. (Look in right-hand column at ‘Video Playlist’ then click on Mitt Romney Speech on Jobs & Economy.)

► Jayde Wyatt

Romney’s Favorable Numbers on the Rise

Rasmussen Reports notes that Mitt’s favorable ratings are up 6 points (from 29% to 35%). Unfavorables dropping from 34% to 31%.

34% of voters still don’t know Mitt Romney which give the Governor a distinct advantage to lay out his case without a political biases.

Granted there are other biases afoot as this NY Times article notes.

Elsewhere, the influential Club for Growth lauded Romney’s speech Wednesday in Detroit:

The other presidential candidates should follow Governor Romney’s lead and propose similar, if not more extensive, measures to protect American taxpayers and promote continued economic expansion.

In case you missed it here’s a quick excerpt from Romney’s speech:

It is time to make saving easy in America. I believe people should be allowed to earn interest, dividends and capital gains up to a certain amount a year, tax free and without restrictions on how or when their savings and investments are spent. As an example, let’s say we chose $5,000 for joint filers as the annual tax free figure for dividends, interest and capital gains. This would help middle class families to be able to save and to invest - and spend their savings the American way: any way they want.