“As president of the United States, I will use all the powers of my office to disrupt the political culture of a dysfunctional Washington, D.C. We need to clean house and it must start by eliminating the crony capitalism that is pervasive throughout the federal government.”
Governor Jeb Bush
October 19, 2015
Barack Obama has failed miserably to bridge the partisan divide in Washington. The country is more polarized than ever before and working families across the nation have lost faith that their elected officials in Washington have any understanding of the challenges they face in their lives.
While the rest of America has struggled, Washington, D.C., has become America's new boomtown, with the highest per capita income in the nation.
As president of the United States, I will use all the powers of my office to disrupt the political culture of a dysfunctional Washington, D.C. We need to clean house and it must start by eliminating the crony capitalism that is pervasive throughout the federal government. There are tens of billions of dollars of corporate welfare subsidies tucked into the federal budget. An honest effort to cut the deficit should start here.
With a level playing field and regulatory certainty from Washington, we can leverage our newly realized status as an energy superpower to create jobs and reduce the cost of gasoline and utility bills for the American people.
Ending crony capitalism also requires a complete rewriting of the tax code and a seismic change in the way we regulate the American economy. I would eliminate corporate tax breaks, loopholes and carve outs so we can lower the top business tax rate from 35 percent to 20 percent.
But we cannot stop here.
We also need to restore common sense to federal regulations.
Taken together, these efforts will make our economy more competitive, rein in the growth of federal spending and help restore the trust of the American people in our political process, paving the way for much needed reforms to our entitlement programs.
None of these reforms will be easy to make. The influence peddling industry in Washington will fight every step of the way to defend their fiefdoms and special favors. It is going to take a president with a stiff spine and a proven record of delivering conservative reforms to disrupt the old, established order.
I intend to be that president.