3 Profound Changes Planned by Mitt Romney
On Tuesday, Wall Street was eager to hear about reform that would come out of a Romney-Ryan administration.
In fact, CNBC’s Larry Kudlow said that for the first time in as long as he can remember more people were interested in planks and the changes that a GOP administration would enact rather than hearing from the candidates themselves.
Kudlow is referring to a a poll by the nonpartisan Pew Research Center which found that 52 percent of those polled said they were interested in learning about the Republican platform, compared to 44 percent interested in Romney's speech and 46 percent interested in Ryan's.
And in a live interview on CNBC’s Kudlow Report, Republican Conference Chairman Jeb Hensarling of Texas revealed three major changes the Street and the nation could count on, should the GOP win the White House.
1) Fundamental tax reform – Hensarling said “the GOP will implement a system that’s flatter, simpler and more competitive.” And he vowed to bring down rates.
2) Limited government - Hensarling said the GOP would shrink government to “its traditional size of 20% of the economy. Right now it’s getting close to 40% under Obama.”
3) Less regulation – Hensarling said he was worried that there was currently so much regulation that government was putting Americans out of work. “Under Romney-Ryan, that’s out of the question.”
"The Kudlow Report" airs weeknights at 7 p.m. ET.
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