Monday, October 20th, 2014

GOP Pledge-O-Meter

Tracking the promises of the GOP Leadership in Congress

Make Bush tax cuts permanent for all incomes

Permanently stop "all tax increases, currently scheduled to take effect January 1, 2011."

Give small businesses a tax deduction

"Allow small business owners to  take a tax deduction equal to 20 percent of their business income."

Require congressional approval for major regulations

"Will require congressional approval of any new federal regulation that has an annual cost to our economy of $100 million or more."

Repeal small business mandate

Will repeal mandate in the health care bill that requires small businesses to "report to the Internal Revenue Service any purchases that run more than $600."

Cancel unspent stimulus

Will "move immediately to cancel unspent 'stimulus' funds, and block any attempts to extend the timeline for spending 'stimulus' funds."

Cut government spending to pre-stimulus, pre-bailout levels

Will "roll back government spending to pre-stimulus, pre-bailout levels, saving at least $100 billion in the first year alone."

Establish a hard cap on new discretionary spending

Will "set strict budget caps to limit federal spending on an annual basis."

Cut Congress' budget

Will "make Congress do more with less by significantly reducing its budget."

End TARP

Cancel the Troubled Asset Relief Program (TARP), "a move that would save taxpayers tens of billions of dollars."

End government control of Fannie Mae and Freddie Mac

Will reform Fannie Mae and Freddie Mac by "ending their government takeover, shrinking their portfolios, and establishing minimum capital standards," saving taxpayers as much as $30 billion.

Require "sunset" reviews for programs

Will adopt a policy similar to those in 20 states that require that programs end – or "sunset" – by a date certain.

Review entitlements and prevent expansion of unfunded liabilities

Will require "a full accounting of Social Security, Medicare, and Medicaid, setting benchmarks for these programs and reviewing them regularly, and preventing the expansion of unfunded liabilities."

Repeal the health care bill

Will "immediately take action to repeal" the health care law.

Enact medical liability reform

Will "enact common-sense medical liability reforms to lower costs, rein in junk lawsuits and curb defensive medicine."

Allow purchase of health insurance across state lines

Will "allow individuals to buy health care coverage outside of the state in which they live."

Expand health savings accounts

Will "improve Health Savings Accounts by making it easier for patients with high-deductible health plans to use them to obtain access to quality care."

Enact conscience protections into health law

After repealing health care law, will "enact into law conscience protections for health care providers, including doctors, nurses, and hospitals," such as allowing them to decline to provide abortion services.

Publish the text of bills online at least three days before a House vote

Will "ensure that bills are debated and discussed in the public square by publishing the text online for at least three days before coming up for a vote in the House of Representatives."

Require bills to include a clause citing its authority in the Constitution

Will "require each bill moving through Congress to include a clause citing the specific constitutional authority upon which the bill is justified."

Will not bundle bills into "must-pass" legislation

Will "end the practice of packaging unpopular bills with 'must-pass' legislation to circumvent the will of the American people." Instead, "will advance major legislation one issue at a time."