CBS News leaks GOP Agenda

CBS News has leaked an advanced copy of the Republican Congress Pledge to America agenda. The agenda was supposed to be set for Thursday announcement.See highlights and entire document below:

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

Defense:
– Provide resources to troops
– Fund missile defense
– Enforce sanctions in Iran

GOP Pledge to America

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