REPUBLICANS PLEDGE TO AMERICA

Tomorrow, Thursday Sept 23rd, House Republicans will announce a “Pledge to America” that they will fulfill if voters give them control of the legislature.

Via CBS News, highlights include:

Jobs:
Stop job-killing tax hikes
Allow small businesses to take a tax deduction equal to 20 percent of their    income
Require congressional approval for any new federal regulation that would add to the deficit
Repeal small business mandates in the new health care law.

Cutting Spending:
Repeal and Replace health care
Roll back non-discretionary spending to 2008 levels before TARP and stimulus (will save $100 billion in first year alone)
Establish strict budget caps to limit federal spending going forward
Cancel all future TARP payments and reform Fannie Mae and Freddie Mac

Reforming Congress:
Will require that every bill have a citation of constitutional authority
Give members at least 3 days to read bills before a vote

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