November 12, 2016 1:37 PM

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Trump Admin wants companies to stay in US, rebuild economy

Upping the ante against American companies outsourcing jobs overseas, President-elect Donald Trump's transition team has made it clear that the new administration will make it more desirable for companies to stay, create jobs in the country, pay taxes and rebuild the economy.Announcing this in a brief policy paper on trade reform on Friday, the presidential transition team said the trump Administration will reverse decades of policies that have pushed jobs out of the country. America will become, once more, a destination for jobs, production and innovation and will once more show economic leadership in the world, the policy brief said.Asserting that Americans deserve a reliable and efficient transportation network, the transition team said the Trump Administration seeks to invest 550 billion dollar to ensure it can export goods and move people faster and safer.Noting that federal policy should focus on free enterprise, while protecting consumers by policing markets for force and fraud, the transition team said both Wall Street and Washington should be held accountable.The transition team said regulatory reform is cornerstone of the Trump Administration, and the effort will include a temporary moratorium on all new regulation, canceling overarching executive orders and a thorough review to identify and eliminate unnecessary regulations that kill jobs and bloat government.

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