EB5 Investors Magazine (English Edition) Volume 5, Issue 1 | Page 48

reform is real. One tool we have already used effectively to address overregulation is the Congressional Review Act. To date, the senate has now passed more than a dozen resolutions under the Congressional Review Act to end Obama administration regulations that slow economic growth, threaten jobs and hold our country back. As one study estimates, our action to overturn these regulations could save Americans nearly $4 billion and more than four million hours of paperwork.   A third area that I think is likely to move in 2017 is tax reform -- to dramatically simplifying the tax code, to reducing the burdens and paperwork, to make the tax code simple and fair. I believe that we can get this accomplished – and when we do, we will see a level of economic growth that we haven’t seen in a long time, because tax reform gets people to invest capital and create jobs. These goals are big and bold, and I am strongly optimistic about what we will be able to accomplish. 47 EB5 INVESTORS M AGAZINE