Newt Gingrich Unveils 21st Century "Contract With America"
FOX News reports: Outlining what he calls a "21st Century Contract With America," Gingrich told Fox News on Thursday the document is "much bigger and much bolder" than what he unveiled with other Republicans before claiming the House majority in 1994.
"The contract is going to be a very comprehensive document. ... It gives you a sense of the scale of what you should be measuring the president and other candidates against," Gingrich said. "I don't ask people to be for me. ... I ask people to be with me, because this will be an eight-year struggle."
The plan includes a host of across-the-board changes. On taxes, it would allow Americans to choose between paying incomes taxes under the current system or under a lower and simpler flat tax. It would end the capital gains tax and reduce the corporate tax to 12.5 percent. It would let Medicare seniors seek insurance in the private sector and some taxpayers put Social Security contributions in personal accounts.
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