DES MOINES — Texas Gov. Rick Perry delivered tough talk here Friday on reducing government regulations, and backed that up with a specific proposal that would allow credit unions to make bigger loans to small businesses.

Speaking before at least 200 people at the Iowa Credit Union League’s annual convention, Perry found a receptive audience when he called for the federal government to lift the 1998 cap that limits credit unions to loaning businesses up to 12.25 percent of their assets, which he called arbitrary.

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