"Republican presidential candidate Jeb Bush on Tuesday proposed a sweeping rollback of federal regulations on the environment, Wall Street and other areas, saying a buildup of rules during the Obama administration has stifled economic growth.

Mr. Bush’s campaign sees his regulatory and tax-overhaul plans as the path to 4% annual economic growth, a goal the U.S. hasn’t hit in a sustained way since the late 1990s. Economic advisers to Mr. Bush said that the cost of his tax plan would total $3.4 trillion in lost revenue over 10 years, but that the economic boost that from the tax cuts—combined with the savings from the regulatory overhaul—would trim the cost to $1.2 trillion over 10 years.

The former Florida governor is also trying to position himself as a policy expert in a primary generally lacking in details, particularly on the economic front."

Beth Reinhard and Nick Timiraos report for the Wall Street Journal September 22, 2015. [2]