Romney outlines economic plan

Presidential GOP hopeful Mitt Romney bows is head during a moment of silence in Las Vegas before sharing his plan for creating jobs and improving the economy.

NORTH LAS VEGAS, Nev. -- Casting himself as America's CEO, Republican presidential hopeful Mitt Romney on Tuesday outlined a sweeping economic plan that would reduce regulations and taxes on companies, sanction China over its currency practices and weaken the clout of labor unions.

Trying to hold off surging rival Rick Perry, Romney traveled to economically suffering Nevada and stood inside a giant truck warehouse to deliver his multi-point plan designed to position him as the GOP contender with the most comprehensive approach to fixing the economy.

"This is a business plan for America," Romney told supporters as he promoted his strategy as one designed to modernize an economy he says is still oriented toward earlier decades -- and held up General Electric CEO Jack Welch and former Apple CEO Steve Jobs as "real deal" leaders in the U.S. economy.

"As governor of Massachusetts, Mitt Romney failed to create a pro-jobs environment," Perry spokesman Mark Miner said in a statement. When Romney was governor, Massachusetts ranked 47th out of 50 in job creation.

What: Republican candidates debate

When: 8 tonight

Where: Ronald Reagan Presidential Library

Sponsors: Politico and NBC News

Watch: MSNBC and CNBC

Online: The Post and Courier and Politico are sharing content for the 2012 presidential campaign cycle.