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CBS News leaks GOP Agenda

CBS News has leaked [1] 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 [2]

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