Though they will not officially release it until later today, the House GOP’s “Pledge to America,” a play on “Contract with America” from 1994, leaked yesterday afternoon (you can view it at the bottom of the page):
Many of the reforms envisioned by House Republicans are highly unlikely ever to become law, but others foreshadow tough fights with President Barack Obama’s administration over spending, taxation and national security policy if Republicans win control of the House in November’s mid-term election. Another set would require simple changes to House rules.
The plan is divided into five parts: spending, jobs, government reform, national security and health care.
To cut spending, Republicans say they are committed to canceling remaining expenditures from the 2009 stimulus law, return domestic appropriations to 2008 levels, impose “hard” budget caps on discretionary spending accounts, reduce spending for congressional operations, have weekly floor votes on winners of the “YouCut” program that allows citizens to vote online for programs that should be slashed, end the Troubled Asset Relief Program, end government control of the secondary home-mortgage lending giants Freddie Mac and Fannie Mae, freeze federal hiring for non-security jobs, sunset programs after a certain number of years, and use more straightforward budgeting for entitlement programs.