|Rep. Michele Bachmann (R., Minn.)|
NEW YORK ( TheStreet) -- Rep. Michele Bachmann (R., Minn.) outlined her economic and jobs platform Tuesday, unveiling an 11-point proposal that calls for the repeal of the Dodd-Frank Wall Street Reform and Consumer Protection Act and President Barack Obama's health care legislation.
"My blueprint will create an environment which will create real jobs here at home, and return America to a position of economic prominence in the world," Bachman said in a statement. At the top of her list, Bachmann called for repatriation of more than $1.2 trillion in U.S. dollars to be returned from overseas holdings. She said that the country could return this money from foreign shores if the government would "zero out" its tax rate until Dec. 31. Bachmann also said that she would revoke certain environmental laws in the United States to "legalize America's God-given natural resources" for energy production that would loosen the country's dependence on foreign resources. The congresswoman promised to cut federal spending, reduce the size of government, cut taxes and revoke "job-killing" regulations -- a message she has reiterated through the course of her Republican presidential campaign. Bachmann's jobs plan comes ahead of
Tuesday's GOP debate at Dartmouth College in Hanover, N.H. Mitt Romney and former Utah Gov. Jon Huntsman revealed details of their respective economic plans more than a month ago. -- Written by Joe Deaux in New York. >To submit a news tip, send an email to: firstname.lastname@example.org