Yesterday, Chief Deputy Whip Patrick McHenry (R, NC-10) joined with House Speaker Paul Ryan (R, WI-01) and other leaders of the House Republican Conference in rolling out the third plank of House Republican's A Better Way agenda, this one focused on the economy. The plan unveiled yesterday outlines how the economy can be improved by reducing excessive regulations, fostering innovative forms of capital formation, and promoting financial independence for all Americans. 

The plan was launched during a press conference on the West Lawn of the Capitol Complex. Full video of the press conference can be accessed by clicking here or on the image below. Congressman McHenry's remarks began at the 11:40 mark of the video. 

The plan unveiled Tuesday is the third plank of A Better Way, a bold agenda to tackle some of our country’s biggest challenges. Last week, Republicans unveiled initiatives aimed at lifting people out of poverty and keeping the American people safe.

Our plan—available now at better.gop—is comprised of at least 101 ideas, including:

• Fewer and smarter regulations. Cut down on needless regulations and make the rules we do need more efficient and effective.
• More affordable and reliable energy. Connect our energy boom to consumers, responsibly produce more of our own resources, and end needless delays that hold up jobs and projects.
• More financial independence and no more bailouts. Reward people who work hard and do the right thing, and put an end to Wall Street bailouts.
• More choices for workers and students. Make it easier for people to excel in schools and workplaces, and rip up the red tape that gets in their way.
• Real Internet innovation. Establish clear and consumer-friendly rules that prevent the FCC from making up regulations as it goes along.
• A crack down on lawsuit abuse. Keep trial lawyers in check, and improve protections for consumers and small businesses.

These ideas were developed by the Task Force on Reducing Regulatory Burdens, which includes: Agriculture Committee Chairman Mike Conaway (R-TX), Energy & Commerce Committee Chairman Fred Upton (R-MI), Financial Services Committee Chairman Jeb Hensarling (R-TX), Judiciary Committee Chairman Bob Goodlatte (R-VA), Natural Resources Committee Chairman Rob Bishop (R-UT), Oversight & Government Reform Committee Chairman Jason Chaffetz (R-UT), Science, Space, and Technology Committee Chairman Lamar Smith (R-TX), Small Business Committee Chairman Steve Chabot (R-OH), and Transportation & Infrastructure Committee Chairman Bill Shuster (R-PA).

About A Better Way 

A Better Way is a bold policy agenda to address some of the country’s biggest challenges. It takes our timeless principles—liberty, free enterprise, consent of the governed—and applies them to the problems of our time. Developed with input from around the country, it starts the debate now on what we can achieve in 2017 and beyond. It is our vision for a Confident America, at home and abroad. Now we are taking these ideas to the people, so you have a clear choice about the direction of the country. To learn more, visit better.gop.