September 22nd, 2010
06:25 PM ET

House GOP's 'Pledge to America'

Deirdre Walsh
CNN Congressional Producer

Washington (CNN) – House Republican Leaders will unveil a 21 page "Pledge to America" on Thursday morning. CNN obtained a copy of the document Wednesday, which lays out a "governing agenda" for what Republicans would do if they won control of Congress.

The document focuses primarily on issues of jobs and the economy, with a short reference in the "preamble" section referencing the party's position on social issues. In terms of specific proposals, Republicans propose to permanently extend all the tax cuts due to expire at the end of this year, give small businesses a tax deduction equal to 20% of their income, require Congress to review any new federal regulations that add to the deficit. The plan also calls for federal spending to be rolled back to pre stimulus levels, which the GOP says will save $100 billion in the first year.

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