Promises about Regulation on GOP Pledge-O-Meter

Require congressional approval for major regulations

"Will require congressional approval of any new federal regulation that has an annual cost to our economy of $100 million or more."

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Repeal small business mandate

Will repeal mandate in the health care bill that requires small businesses to "report to the Internal Revenue Service any purchases that run more than $600."

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End government control of Fannie Mae and Freddie Mac

Will reform Fannie Mae and Freddie Mac by "ending their government takeover, shrinking their portfolios, and establishing minimum capital standards," saving taxpayers as much as $30 billion.

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Allow purchase of health insurance across state lines

Will "allow individuals to buy health care coverage outside of the state in which they live."

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Oppose "cap and trade"

Will "fight to increase access to domestic energy sources and oppose attempts to impose a national 'cap and trade' energy tax."

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Conduct an immediate and comprehensive review of existing and proposed government rules, regulations and statutes

"Conduct an immediate and comprehensive review of existing and proposed government rules, regulations, and statutes that impose additional, unnecessary costs on employers and job creators."

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