(Continued from page 8)

• Instead of expending time and resources on the implementation of ObamaCare, the Obama administration should be working with Congressional Republicans to enact pro-growth policies that simulate the economy, including comprehensive tax reform. Revenue neutral comprehensive tax reform is a critical way to increase economic growth in our country. Lower tax rates will encourage work and investment, and will make America a more attractive place to do business. Well-designed tax reform can even help reduce the deficit by increasing economic growth.
• In addition to tax reform, the president should approve the construction of the Keystone XL pipeline, which has been waiting for approval for nearly five years. According to the Obama State Department, which is responsible for approving the pipeline, the construction of Keystone XL would support 42,000 jobs nationwide over a two year period. In South Dakota, the pipeline would result in significant economic benefits including $470 million in new spending for the South Dakota economy, and additional state and local revenues of more than $10 million.
• Finally, the president should rein in onerous regulations on the business community. From 2009 to 2012, President Obama finalized $518 billion in new regulations, which is more than the combined gross domestic product of Portugal and Norway. Just since January 1, 2013, the federal government has published $66 billion in compliance costs, and 81.2 million annual paperwork burden hours.
• It is time for America to start down the road to economic recovery, and that begins by enacting comprehensive tax reform, approving the Keystone XL pipeline, reining in burdensome regulations, and permanently delaying ObamaCare for all Americans. Working together to promote these policies and to cut spending and debt, we can grow the economy and create jobs and opportunity for American workers, families, and small businesses.