House Republicans are hoping to make history once again on Thursday when they unveil a new “Contract for America.”
With less than six weeks to go before the midterm Congressional elections, party leaders will go public at a hardware store in Sterling, Va. to release its agenda.
According to several polls, the Republican Party is expected to pick up several more members in the House, with the strong possibility of regaining control.
The agenda is still in the drafting process, but those familiar with it say it will likely include:
- Two-year freeze in tax rates
- Reduction in spending to 2008 levels
- Repeal of Health Care Reform
- Repeal of Wall Street Reform
Democrats were quick to respond to the announcement of a new “Contract,” calling it a retreat.
“What’s shocking is that it took more than 20 months to repackage a plan that’s no different from one that caused the Great Bush Recession,” said Doug Thornell, a spokesman for Rep. Chris van Hollen (D-MD) and assistant to Speaker Nancy Pelosi (D-CA).
Thursday’s announcement is modeled after the 1994 “Contract for America,” which is credited with helping Republicans win the House during Clinton’s first term, The Hill reported. They held the majority in that chamber until 2006.